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Calle Tenerías, 6

2,764 SF Office Condo Unit Offered at $306,130 CAD in 28260 Galapagar

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Investment Highlights

Possibility to expand the space with two other rooms
Downtown area of Galapagar

Office in good condition

Executive Summary

Residential building in a central street in Galapagar in the Community of Madrid. The four-storey building with several rooms on the street level.

Property Facts

Price	$306,130 CAD	Sale Type	Investment or Owner User
Unit Size	2,764 SF	Building Class	C
No. Units	1	Floors	4
Total Building Size	188,831 SF	Typical Floor Size	47,208 SF
Property Type	Multifamily (Condo)	Year Built	1993
Property Subtype	Apartment	Lot Size	1.61 AC

Price	$306,130 CAD
Unit Size	2,764 SF
No. Units	1
Total Building Size	188,831 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Sale Type	Investment or Owner User
Building Class	C
Floors	4
Typical Floor Size	47,208 SF
Year Built	1993
Lot Size	1.61 AC

1 Unit Available

Unit Size	2,764 SF	Condo Use	Office
Price	$306,130 CAD	Sale Type	Investment or Owner User
Price Per SF	$110.76 CAD

Unit Size	2,764 SF
Price	$306,130 CAD
Price Per SF	$110.76 CAD
Condo Use	Office
Sale Type	Investment or Owner User

Description

Available commercial premises located in the central area of Galapagar.

It is a space of 155.11 m2 distributed over several heights as follows: a ground floor of 49.97 m2 and a basement of 105.14 m2. The place is in its original state and has multiple business possibilities.
There are actually three rooms available (two raw premises and one office) that are adjoining and that can be joined together using different combinations of meters and prices. They are sold separately and together:
Local A- 155.11 m2 (gross) for 119,000€.
Local B- 139.78 m2 (gross) for 111,200€.
Local C- 256.76 m2 (finished as an office and divided into some offices) for 204,800€.

The three rooms have the right to use the community pool and gardens and smoke outlet.
It is stated in the community's statutes that they can open and remove facades (the one on the street and the interior that overlooks the pool), walls, open openings, install windows, air conditioning, reform aesthetics, etc. without having to ask the community for any permission, as well as setting up any business with the sole limitation of municipal regulations.
In addition, they can be converted into housing with the mandatory municipal authorization.
The height of the street floor is 5.30 meters so you can take out another floor (up to 232 m2 more). The basement is 2.50 meters high in all. Possibility of single-phase and three-phase electricity if needed.

Possible combinations:

Local A+B for 230,200€.
Local A+B+C for 435,000€.
Local B+C for 316,800€.

There is also a rental option.

They are well connected by the M-510 and A-6 roads.