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Calle de Jorge Juan, 98 12,916 SF Retail Condo Unit Offered at $11,479,738 in Salamanca, Madrid 28009



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Investment Highlights
- Busy and commercial area.
- Just a few meters from the Movistar Arena and El Corte Inglés.
Executive Summary
Residential property with 2,249 m² of built space distributed across eight above-ground floors, located in the Salamanca neighborhood. High-traffic residential area with numerous services and shops nearby, thanks to its proximity to El Corte Inglés and Movistar Arena, where many dining establishments and banks are located. Excellent public transportation connections via metro and bus.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
The property has a total area of 1,200 m2 distributed across three floors: 800 m2 on the ground floor, 200 m2 on the mezzanine, and 200 m2 in the basement, offering a versatile layout adaptable to various commercial or restaurant formats.
Sale Notes
Commercial space for sale on Jorge Juan Street, located between Fernán González and Maiquez streets, in one of the busiest residential areas of Madrid.
The property has a total area of 1,200 m² distributed as follows: 800 m² on the ground floor, 200 m² on the mezzanine, and 200 m² in the basement. It features an approved special plan for a change of use, with an interior capacity of 418 people, distributed as follows: 218 people for restaurant-show activities, 81 people for restaurant use, 106 people for cinema/theater, and 13 people in common areas. The authorized operating hours for restaurant activities are from 10:00 AM to 2:00 AM, significantly expanding the commercial exploitation possibilities.
This is a unique opportunity to establish a restaurant, leisure, or entertainment project in one of the most dynamic and well-established locations in the Salamanca district.
The property is situated in a top-tier commercial and leisure environment, close to El Corte Inglés, Movistar Arena, and numerous shops, banks, and well-established restaurant operators such as La Tomasa, 100 Montaditos, Alboraya, La Sureña, Arquibar, Doggy Bravo, Popeyes, Sabor Campero, and La Tagliatella, ensuring a constant flow of visitors.
It boasts excellent transportation links, with multiple EMT bus lines and proximity to the Goya and O'Donnell Metro stations, as well as nearby parking facilities at Felipe II and Goya 115, making access convenient for both customers and employees.
The property has a total area of 1,200 m² distributed as follows: 800 m² on the ground floor, 200 m² on the mezzanine, and 200 m² in the basement. It features an approved special plan for a change of use, with an interior capacity of 418 people, distributed as follows: 218 people for restaurant-show activities, 81 people for restaurant use, 106 people for cinema/theater, and 13 people in common areas. The authorized operating hours for restaurant activities are from 10:00 AM to 2:00 AM, significantly expanding the commercial exploitation possibilities.
This is a unique opportunity to establish a restaurant, leisure, or entertainment project in one of the most dynamic and well-established locations in the Salamanca district.
The property is situated in a top-tier commercial and leisure environment, close to El Corte Inglés, Movistar Arena, and numerous shops, banks, and well-established restaurant operators such as La Tomasa, 100 Montaditos, Alboraya, La Sureña, Arquibar, Doggy Bravo, Popeyes, Sabor Campero, and La Tagliatella, ensuring a constant flow of visitors.
It boasts excellent transportation links, with multiple EMT bus lines and proximity to the Goya and O'Donnell Metro stations, as well as nearby parking facilities at Felipe II and Goya 115, making access convenient for both customers and employees.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 12,916 SF | Retail | $11,479,738 ($888.80/SF) | - |
-
| Unit Size |
| 12,916 SF |
| Condo Use |
| Retail |
| Price |
| $11,479,738 ($888.80/SF) |
| NOI |
| - |
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| Unit Size | 12,916 SF |
| Condo Use | Retail |
| Price | $11,479,738 ($888.80/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| The property has a total area of 1,200 m2 distributed across three floors: 800 m2 on the ground floor, 200 m2 on the mezzanine, and 200 m2 in the basement, offering a versatile layout adaptable to various commercial or restaurant formats.</li></ul> | |
| Sale Notes | |
| Commercial space for sale on Jorge Juan Street, located between Fernán González and Maiquez streets, in one of the busiest residential areas of Madrid. <br> The property has a total area of 1,200 m² distributed as follows: 800 m² on the ground floor, 200 m² on the mezzanine, and 200 m² in the basement. It features an approved special plan for a change of use, with an interior capacity of 418 people, distributed as follows: 218 people for restaurant-show activities, 81 people for restaurant use, 106 people for cinema/theater, and 13 people in common areas. The authorized operating hours for restaurant activities are from 10:00 AM to 2:00 AM, significantly expanding the commercial exploitation possibilities. <br> This is a unique opportunity to establish a restaurant, leisure, or entertainment project in one of the most dynamic and well-established locations in the Salamanca district. <br> <br> The property is situated in a top-tier commercial and leisure environment, close to El Corte Inglés, Movistar Arena, and numerous shops, banks, and well-established restaurant operators such as La Tomasa, 100 Montaditos, Alboraya, La Sureña, Arquibar, Doggy Bravo, Popeyes, Sabor Campero, and La Tagliatella, ensuring a constant flow of visitors. <br> <br> It boasts excellent transportation links, with multiple EMT bus lines and proximity to the Goya and O'Donnell Metro stations, as well as nearby parking facilities at Felipe II and Goya 115, making access convenient for both customers and employees.</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 | 24,208 SF | Floors | 8 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 2,691 SF |
| Property Subtype | Apartment | Year Built | 1957 |
| Building Class | C | Lot Size | 0.15 AC |
| Total Building Size | 24,208 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 8 |
| Typical Floor Size | 2,691 SF |
| Year Built | 1957 |
| Lot Size | 0.15 AC |
Amenities
Site Amenities
- Close to Public Transportation
- Elevator
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Calle de Jorge Juan, 98
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