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Highlights

  • High-traffic area with multiple services and businesses nearby.
  • Good public transportation access.

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • Ground
  • 969 SF
  • Negotiable
  • $50.26 /SF/YR INCL $4.19 /SF/MO INCL $48,686 /YR INCL $4,057 /MO INCL
  • Retail
  • Full Build-Out
  • Now

Fantastic commercial space for rent, offering 85 square meters of usable area, located in the heart of the Retiro district. This street-level property presents an excellent opportunity in one of Madrid's most established and dynamic areas. With a completely open-plan layout, it is ideal for adapting to various business concepts. The premises are delivered ready to move in, equipped with air conditioning and automatic shutters, ensuring comfort and security for daily operations. The location, just steps away from Retiro Park and close to Narváez Street, guarantees a steady flow of foot traffic and proximity to high-end residential and commercial areas. Additionally, the area boasts an excellent public transportation network and quick access to major roads, making it a highly accessible and visible spot. Its previous use as a specialized store makes it suitable for retail projects, innovative service businesses, or boutique ventures.

  • Taxes and Charges included in the Rent
  • Located in-line with other retail
  • Private Restrooms
  • Completely open-plan layout.
  • Fully Built-Out as Standard Retail Space
  • Central Air Conditioning
  • Secure Storage
  • Spacious storefront and bright interior.
Space Size Term Rental Rate Space Use Build-Out Available
Ground 969 SF Negotiable $50.26 /SF/YR INCL $4.19 /SF/MO INCL $48,686 /YR INCL $4,057 /MO INCL Retail Full Build-Out Now

Ground

Size
969 SF
Term
Negotiable
Rental Rate
$50.26 /SF/YR INCL $4.19 /SF/MO INCL $48,686 /YR INCL $4,057 /MO INCL
Space Use
Retail
Build-Out
Full Build-Out
Available
Now

Ground

Size 969 SF
Term Negotiable
Rental Rate $50.26 /SF/YR INCL
Space Use Retail
Build-Out Full Build-Out
Available Now

Fantastic commercial space for rent, offering 85 square meters of usable area, located in the heart of the Retiro district. This street-level property presents an excellent opportunity in one of Madrid's most established and dynamic areas. With a completely open-plan layout, it is ideal for adapting to various business concepts. The premises are delivered ready to move in, equipped with air conditioning and automatic shutters, ensuring comfort and security for daily operations. The location, just steps away from Retiro Park and close to Narváez Street, guarantees a steady flow of foot traffic and proximity to high-end residential and commercial areas. Additionally, the area boasts an excellent public transportation network and quick access to major roads, making it a highly accessible and visible spot. Its previous use as a specialized store makes it suitable for retail projects, innovative service businesses, or boutique ventures.

  • Taxes and Charges included in the Rent
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Central Air Conditioning
  • Private Restrooms
  • Secure Storage
  • Completely open-plan layout.
  • Spacious storefront and bright interior.

Property Facts

Total Space Available 969 SF
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 42,528 SF
Year Built 1930

About the Property

Residential property with 3,951 m² of built space distributed across five above-ground floors, located in the Retiro district. Privileged location in the heart of the Ibiza neighborhood, next to Narváez Street, in a high foot-traffic area supported by nearby shops, restaurants, and cultural spaces.

Nearby Major Retailers

Carrefour Express
Unicaja
Banco Sabadell
Caixabank
Ibercaja
Abanca
Cajamar Caja Rural
Santander Work Café
Five Guys
Starbucks
  • Listing ID: 40576259

  • Date on Market: 5/19/2026

  • Last Updated:

  • Address: Calle Doctor Castelo, 21, Retiro, Madrid 28009

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