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Calle Santo Tomás 12,583 SF Retail Building Arganda del Rey, Madrid 28500 $741,840 ($58.96/SF)



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INVESTMENT HIGHLIGHTS
- Space currently operating as a café-theater and cinema.
- Central location with excellent connectivity.
- Possibility of conversion to residential (19-20 units).
- Surrounded by services and with direct access to public transport.
EXECUTIVE SUMMARY
Located in a central area with excellent transportation links, this 1,169 m2 commercial building offers a unique investment opportunity with multiple conversion possibilities. Currently operating as a café-theater and cinema, the property features a functional layout across three levels: ground floor, mezzanine, and main floor.
The ground floor, measuring 830 m2, houses the projection room, ticket office, bar, lobby, accessible restrooms, cloakroom, and technical spaces such as the air conditioning room. The 150 m2 mezzanine includes offices, a projection booth, utility room, and handling areas. The main floor, at 90 m2, is configured as a residence with a living-dining room, three bedrooms, kitchen, bathroom, a 100 m2 rooftop terrace, and a 15 m2 patio.
In addition to its current use, the asset can be considered as urban land suitable for the construction of 19 to 20 apartments, making it an attractive option for residential developers. Its location in the center of Arganda del Rey, surrounded by services and with direct access to public transportation, enhances its strategic value for both commercial and residential use.
The ground floor, measuring 830 m2, houses the projection room, ticket office, bar, lobby, accessible restrooms, cloakroom, and technical spaces such as the air conditioning room. The 150 m2 mezzanine includes offices, a projection booth, utility room, and handling areas. The main floor, at 90 m2, is configured as a residence with a living-dining room, three bedrooms, kitchen, bathroom, a 100 m2 rooftop terrace, and a 15 m2 patio.
In addition to its current use, the asset can be considered as urban land suitable for the construction of 19 to 20 apartments, making it an attractive option for residential developers. Its location in the center of Arganda del Rey, surrounded by services and with direct access to public transportation, enhances its strategic value for both commercial and residential use.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Movie Theater
Building Size
10,000 - 60,000 SF
Building Class
C
Year Built
1970 - 1979
Price
$741,840
Price Per SF
$58.96
Tenancy
Single
AMENITIES
- Security System
- Wheelchair Accessible
- Storage Space
- High Ceilings
- Private Bathroom
- Air Conditioning
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NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Presented by
Calle Santo Tomás
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