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Calle Pradillo, 8 1,840 SF Retail Condo Unit in Chamartín, Madrid 28002



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Investment Highlights
- Consolidated area with good pedestrian and vehicular traffic.
- Immediate surroundings with all types of services nearby.
Executive Summary
Residential property with 3,466 m² of built space distributed across nine above-ground floors, located in Chamartín. Situated in the Prosperidad neighborhood, a well-established residential area in Madrid known for its high population density and vibrant local commerce. The area offers a wide range of services, dining options, and facilities, along with excellent transportation links via metro and EMT buses, connecting it to the rest of the city.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Commercial space with 171 m² of built area distributed over two levels: 96 m² on the ground floor and 75 m² in the basement. It features a façade of over 8 meters, providing excellent visibility, with the kitchen located on the ground floor and the option to move it to the basement. The basement includes three bathrooms and a storage room.
Sale Notes
Sale of a Commercial Space with Active Restaurant License and Ventilation System in Ciudad Jardín, Chamartín.
This property stands out for its excellent visibility, thanks to a façade of over 8 meters, and offers a total area of approximately 171 m², distributed across 96 m² on the ground floor and 75 m² in the basement.
Regarding its features, the property includes an active restaurant license and a ventilation system, with the kitchen currently located on the ground floor but with the option to relocate it to the basement. The basement also houses three restrooms and a storage area. Additionally, the space boasts a long-standing history of over 20 years in the hospitality business.
As for its location, it is situated in the Prosperidad area, within the Chamartín district—a well-established neighborhood characterized by high residential density, local businesses, a variety of dining options, and excellent transportation links.
From an economic perspective, the sale price is €615,000, with an estimated market rental income of between €2,900 and €3,000 per month, offering an approximate gross yield of 6%.
Key investment highlights include a property ready for hospitality operations in an area where spaces with ventilation systems are scarce. It is suitable for both direct operation and leasing, provides competitive returns compared to other urban assets, and benefits from a prime, well-established location in Madrid.
This property stands out for its excellent visibility, thanks to a façade of over 8 meters, and offers a total area of approximately 171 m², distributed across 96 m² on the ground floor and 75 m² in the basement.
Regarding its features, the property includes an active restaurant license and a ventilation system, with the kitchen currently located on the ground floor but with the option to relocate it to the basement. The basement also houses three restrooms and a storage area. Additionally, the space boasts a long-standing history of over 20 years in the hospitality business.
As for its location, it is situated in the Prosperidad area, within the Chamartín district—a well-established neighborhood characterized by high residential density, local businesses, a variety of dining options, and excellent transportation links.
From an economic perspective, the sale price is €615,000, with an estimated market rental income of between €2,900 and €3,000 per month, offering an approximate gross yield of 6%.
Key investment highlights include a property ready for hospitality operations in an area where spaces with ventilation systems are scarce. It is suitable for both direct operation and leasing, provides competitive returns compared to other urban assets, and benefits from a prime, well-established location in Madrid.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 1,840 SF | Retail | Upon Request | - |
-
| Unit Size |
| 1,840 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| - |
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-
| Unit Size | 1,840 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Commercial space with 171 m² of built area distributed over two levels: 96 m² on the ground floor and 75 m² in the basement. It features a façade of over 8 meters, providing excellent visibility, with the kitchen located on the ground floor and the option to move it to the basement. The basement includes three bathrooms and a storage room.</li></ul> | |
| Sale Notes | |
| Sale of a Commercial Space with Active Restaurant License and Ventilation System in Ciudad Jardín, Chamartín. <br> This property stands out for its excellent visibility, thanks to a façade of over 8 meters, and offers a total area of approximately 171 m², distributed across 96 m² on the ground floor and 75 m² in the basement. <br> <br> Regarding its features, the property includes an active restaurant license and a ventilation system, with the kitchen currently located on the ground floor but with the option to relocate it to the basement. The basement also houses three restrooms and a storage area. Additionally, the space boasts a long-standing history of over 20 years in the hospitality business. <br> <br> As for its location, it is situated in the Prosperidad area, within the Chamartín district—a well-established neighborhood characterized by high residential density, local businesses, a variety of dining options, and excellent transportation links. <br> <br> From an economic perspective, the sale price is €615,000, with an estimated market rental income of between €2,900 and €3,000 per month, offering an approximate gross yield of 6%. <br> <br> Key investment highlights include a property ready for hospitality operations in an area where spaces with ventilation systems are scarce. It is suitable for both direct operation and leasing, provides competitive returns compared to other urban assets, and benefits from a prime, well-established location in Madrid.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 37,308 SF | Floors | 9 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 4,219 SF |
| Property Subtype | Apartment | Year Built | 1950 |
| Building Class | C | Lot Size | 0.10 AC |
| Total Building Size | 37,308 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 9 |
| Typical Floor Size | 4,219 SF |
| Year Built | 1950 |
| Lot Size | 0.10 AC |
Amenities
- Bus Line
Site Amenities
- Security System
- Close to Public Transportation
- Doorman
- Wheelchair Accessible
- Elevator
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Calle Pradillo, 8
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