Commercial property for sale in Madrid

This comment was automatically translated and may not be 100% accurate. See description in the original language The asset is located in the Chamberí neighborhood, in a very exclusive location. Offices located on several floors, parking spaces and storage rooms with profitability in the same building. Total area of 2,300 m2 divided into 4 floors, several storage rooms and parking spaces in the same building with direct access from it. Currently it is rented with a profitability of approximately 4%. The building has a favorable ITE and during the last three years numerous improvements have been made to the general facilities. Possibility of acquiring more surface area in the same building, reaching approximately 5,000 m2 (total) on different floors of the building. Viable change of use; to convert it into Residential or Student Residence. Very adjusted construction costs with the possibility of maintaining the structure and facades, it would only be necessary to distribute and adjust the installations to the new use that is to be given, our technical department can guide, design and execute the license, permit and work in case it is necessary.

Commercial property for sale in Madrid

Office in Vallehermoso, Madrid

Description

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