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Calle de Cartagena 2,647 SF Retail Condo Unit Offered at $963,391 in Salamanca, Madrid 28028

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INVESTMENT HIGHLIGHTS

  • Unique opportunity for investors! This impressive place for sale, located in the heart of the Salamanca District, Guindalera neighborhood.
  • The recently renovated 246 m² space offers a modern and functional design, distributed on one floor at street level.

ATTACHMENTS

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PROPERTY FACTS

Total Building Size < 15,000 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 5
Year Built 1960 - 1969

1 UNIT AVAILABLE

Unit Size 2,647 SF
Price $963,391
Price Per SF $363.96
Condo Use Retail
Sale Type Investment
DESCRIPTION

Open space of 246 m².

SALE NOTES

Unique opportunity for investors! This impressive commercial space for sale, located in the heart of the Salamanca District, Guindalera neighborhood, is an ideal option for those seeking profitability. With an attractive 6% gross return (based on the published sale price), this newly renovated 246 m² space offers a modern and functional design, distributed on a single street-level floor. It features an attractive long-term monthly rental income with a reliable company.

The space includes two large areas perfect for sports activities and a third area equipped with several bathrooms and changing rooms, including one adapted for people with disabilities. One of its great advantages is its brightness, as it receives natural light from both ends thanks to its large windows and high ceilings.

The property has a permanent loading zone at the entrance. The location is unbeatable, bordering the Goya neighborhood and just steps from Francisco Silvela Street and Manuel Becerra Square. Communication is excellent, with the Diego de León Metro station (lines 4, 5, and 6) nearby and Manuel Becerra (lines 2 and 6) just a few minutes' walk away. Additionally, there are numerous bus lines and quick access to the M-30 and Alcalá Street.

The neighborhood combines traditional and elegant commerce with all basic and leisure services. Just a 2-minute walk away is Eva Perón Park, as well as the Buenavista cultural center and the David Gistau public library. For culture lovers, the Las Ventas Bullring is very close, and the area offers a wide range of dining options and gyms. Don't miss this opportunity!

Basic features

246 m² built
1 floor
Second-hand/Good condition
5 rooms
3 bathrooms, one of which is adapted for people with disabilities
Location: Street level
1 storefront
Commercial activity: Gym, Fitness center
Year of construction: 1964
Annual gross return 6%

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  • Listing ID: 37968286

  • Date on Market: 10/7/2025

  • Last Updated:

  • Address: Calle de Cartagena, Salamanca, Madrid 28028

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