Share This Listing

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Some information has been automatically translated.

Investment Highlights

  • Possibility to change use to hotel
  • A few minutes from the airport
  • Rooftop terrace with panoramic views of Madrid.
  • Julián Camarillo Business Park
  • Environment with all services
  • Established business environment ideal for multiple sectors.

Executive Summary

Located in the heart of the Julián Camarillo business district, this entire building offers a unique investment opportunity with high conversion potential. With a built area of 3,558 m2 distributed over five floors plus two basements of 2,500 m2, the asset allows for multiple uses according to municipal regulations: hotel, student residence, senior center, offices, institutional or tertiary.
The possibility of changing its use adds a distinctive value for conversion projects. Its proximity to public services like the Property Registry and its established business environment make it an investment with high profitability potential.
The habitable rooftop with spectacular views of Madrid adds a unique value for companies seeking representative and functional spaces.
Its reinforced concrete structure with waffle slabs, brick enclosure, and stone finishes ensures durability and flexibility for renovations. It features two elevators, a freight elevator, a staircase core, vehicle access ramp, and an additional entrance through a private interior street.
The building is equipped with two elevators, a freight elevator, access ramps, a staircase core, and access through a private interior street. Its structural design in reinforced concrete and quality finishes allow for immediate occupancy. The climate control, fire protection, and flexible distribution make it suitable for multiple configurations.
The location is strategic: next to Alcalá Street, just a few meters from the Torre Arias metro and the Property Registry, with direct access to the A-2, M-30, M-40, and only 20 minutes from the airport. The established business environment attracts companies from sectors such as telecommunications, IT, and corporate services, enhancing the asset's appeal for hotel or institutional developments.
This building represents an exceptional opportunity for developers looking to transform a versatile asset into a high-impact urban and commercial project.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
38,298 SF
Building Class
B
Year Built
1999
Price
$10,346,889
Price Per SF
$270.17
Percent Leased
Vacant
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
6,975 SF
Building FAR
2.24
Lot Size
0.39 AC
Parking
40 Spaces (0.59 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bus Line
  • Security System
  • Close to Public Transportation
  • Sprinkler System
  • Conference Rooms
  • Elevator
  • Instant Hot Water
  • Yard
  • Private Bathroom

About CALLE CRONOS, 18 , MADRID, MAD 28037

Complete building of 6,285 m2, with the possibility of changing to hotel use, according to municipal regulations. Consultation has been made about the possibility of installing offices, tertiary use, and equipment use and it has multiple possibilities. The building, located on Cronos Street, in Madrid, consists of 5 floors + 2 basement floors with offices, garage-parking, warehouse and training center. Well connected thanks to its proximity to the Torre Arias metro station, next to the Property Registry, on Calle Alcalá, 42 and in a representative area for companies from various sectors such as telecommunications or information technology, among others. Julián Camarillo's business area, very close to Alcalá Street. With access to the A-2, M-30, M-40 and 20 minutes from the airport. The structure of the building is made of reinforced concrete and forged lattice slabs, brick enclosure, stone finish, lacquered aluminum exterior carpentry, flat roof. It consists of fire protection, air conditioning and finished coatings. It has 2 elevators and 1 forklift, a number of floors, two staircases and an access ramp for vehicles on Cronos Street, as well as access to plants via a private interior street. Changes in use and activity are a great opportunity, since it allows use for hotel, collective and commercial use.

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • Ground
  • 8,417 SF
  • Office
  • -
  • Now
  • 1st Floor
  • 8,956 SF
  • Office
  • -
  • Now
  • 2nd Floor
  • 6,975 SF
  • Office
  • -
  • Now
  • 3rd Floor
  • 6,975 SF
  • Office
  • -
  • Now
  • 4th Floor
  • 6,975 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
Ground 8,417 SF Office - Now
1st Floor 8,956 SF Office - Now
2nd Floor 6,975 SF Office - Now
3rd Floor 6,975 SF Office - Now
4th Floor 6,975 SF Office - Now

Ground

Size
8,417 SF
Space Use
Office
Condition
-
Available
Now

1st Floor

Size
8,956 SF
Space Use
Office
Condition
-
Available
Now

2nd Floor

Size
6,975 SF
Space Use
Office
Condition
-
Available
Now

3rd Floor

Size
6,975 SF
Space Use
Office
Condition
-
Available
Now

4th Floor

Size
6,975 SF
Space Use
Office
Condition
-
Available
Now
  • Listing ID: 29919488

  • Date on Market: 10/18/2022

  • Last Updated:

  • Address: Calle Cronos, 18, San Blas - Canillejas, Madrid 28037

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}