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Avenida de Menéndez Pelayo, 63 614 SF of Retail Space Available in Retiro, Madrid 28009



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Highlights
- Across from Retiro Park, one of the main green and tourist areas in Madrid.
- High pedestrian and vehicular traffic.
All Available Space(1)
Display Rental Rate as
- Space
- Size
- Term
-
Rental Rate
- Space Use
- Build-Out
- Available
Transfer of bar with definitive license since the 1970s, located in one of the most sought-after areas of Madrid. Situated on the façade facing Doce de Octubre Street, directly across from the iconic Retiro Park and next to the Niño Jesús Hospital, the surroundings combine hospitality activity, residential areas, and professional offices, generating a constant flow of potential customers. The property holds a hospitality license and authorization for an outdoor terrace equipped with three high tables and six stools, providing an attractive added value to draw outdoor clientele. It is equipped with a smoke vent and a gas griddle, essential elements for the development of gastronomic activities. The contractual terms include a long-term lease (10 years) with clear conditions, offering stability to operators looking to establish their business in a well-established and high-traffic location.
- Taxes and Charges included in the Rent
- Central Air Conditioning
- Secure Storage
- Authorization for a terrace with 3 tables.
- Fully Built-Out as Standard Retail Space
- Private Restrooms
- Display Window
- Smoke vent and gas griddle.
| Space | Size | Term | Rental Rate | Space Use | Build-Out | Available |
| Ground | 614 SF | Negotiable | $68.94 /SF/YR INCL $5.74 /SF/MO INCL $42,296 /YR INCL $3,525 /MO INCL | Retail | Full Build-Out | 30 Days |
Ground
| Size |
| 614 SF |
| Term |
| Negotiable |
|
Rental Rate
|
| $68.94 /SF/YR INCL $5.74 /SF/MO INCL $42,296 /YR INCL $3,525 /MO INCL |
| Space Use |
| Retail |
| Build-Out |
| Full Build-Out |
| Available |
| 30 Days |
Ground
| Size | 614 SF |
| Term | Negotiable |
|
Rental Rate
|
$68.94 /SF/YR INCL |
| Space Use | Retail |
| Build-Out | Full Build-Out |
| Available | 30 Days |
Transfer of bar with definitive license since the 1970s, located in one of the most sought-after areas of Madrid. Situated on the façade facing Doce de Octubre Street, directly across from the iconic Retiro Park and next to the Niño Jesús Hospital, the surroundings combine hospitality activity, residential areas, and professional offices, generating a constant flow of potential customers. The property holds a hospitality license and authorization for an outdoor terrace equipped with three high tables and six stools, providing an attractive added value to draw outdoor clientele. It is equipped with a smoke vent and a gas griddle, essential elements for the development of gastronomic activities. The contractual terms include a long-term lease (10 years) with clear conditions, offering stability to operators looking to establish their business in a well-established and high-traffic location.
- Taxes and Charges included in the Rent
- Fully Built-Out as Standard Retail Space
- Central Air Conditioning
- Private Restrooms
- Secure Storage
- Display Window
- Authorization for a terrace with 3 tables.
- Smoke vent and gas griddle.
Property Facts
| Total Space Available | 614 SF | Apartment Style | Mid-Rise |
| Property Type | Multifamily | Building Size | 36,856 SF |
| Property Subtype | Apartment | Year Built | 1926 |
| Total Space Available | 614 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Size | 36,856 SF |
| Year Built | 1926 |
About the Property
Residential building of 3,424 m² with street-level retail spaces, built in 1926 along Menéndez Pelayo Avenue in Madrid.
Nearby Major Retailers
Presented by
Avenida de Menéndez Pelayo, 63
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