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Calle de Modesto Lafuente, 88 4,047 SF Retail Condo Unit Offered at $2,616,431 in Chamberí, Madrid 28003

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INVESTMENT HIGHLIGHTS

Busy area with all kinds of services around.

Excellent communication by public transport.

EXECUTIVE SUMMARY

Residential property of 2,493 m2 built distributed over seven floors above ground located in Nuevos Ministerios - Ríos Rosas. Location in the central district of Chamberí, Madrid, with excellent connection and proximity to public transport. The area combines high residential and commercial demand, surrounded by services, offices and shops.

PROPERTY FACTS

Total Building Size	26,834 SF	Floors	7
Property Type	Multifamily (Condo)	Typical Floor Size	3,498 SF
Property Subtype	Apartment	Year Built	1932
Building Class	C	Lot Size	0.10 AC

Total Building Size	26,834 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Building Class	C
Floors	7
Typical Floor Size	3,498 SF
Year Built	1932
Lot Size	0.10 AC

UNIT AMENITIES

Air Conditioning

Storage Space

Kitchen

SITE AMENITIES

Private Bathroom

1 UNIT AVAILABLE

Unit Pta. Izqda

Unit Size	4,047 SF	Condo Use	Retail
Price	$2,616,431	Sale Type	Investment
Price Per SF	$646.51

Unit Size	4,047 SF
Price	$2,616,431
Price Per SF	$646.51
Condo Use	Retail
Sale Type	Investment

SALE NOTES

Restaurant in full operation with exhaust system and high profitability, located on one of the most iconic streets in the Chamberí neighborhood. A unique opportunity!

This is a well-established and active restaurant, fully equipped and decorated in a contemporary and welcoming style, ideal for offering a top-tier dining experience.

The property consists of two independent spaces with a total area of 376 m2, distributed as follows:

1. Main space (approx. 325 m2). Located at street level, it features 160 m2 on the main floor and the rest in the basement.
The street-level floor includes several dining areas with various table formats, allowing flexibility for daily service, celebrations, or group events. It also features a fully equipped bar and a warm, modern ambiance achieved through carefully designed lighting and stylish furniture.

The basement houses the professional kitchen, fully equipped and ready to operate without additional investment, as well as a private room, storage area, and customer restrooms.

The kitchen is equipped with an industrial extractor hood, burners, griddles, oven, refrigeration and cooling units, stainless steel work surfaces, and a functional, efficient layout.

2. Adjacent space (approx. 51 m2). Previously used as a porter’s lodge, it is now adapted as an auxiliary area for the restaurant.
It includes two spacious rooms with natural ventilation, a full bathroom, and is used for storage and operational support.

Access is through the building’s courtyard, which directly connects to the main space, providing great functionality and efficiency by separating work and storage areas from customer flow.

Currently, the property is rented under an active lease agreement, ensuring immediate profitability for investors.
At the same time, it offers an excellent opportunity for direct operation in the future, as the restaurant is fully set up, decorated, and operational.

The location is unbeatable: right in Chamberí, one of Madrid’s most sought-after areas, with constant foot traffic and surrounded by offices, residences, and shops. Its high visibility and excellent public transport connections ensure solid and sustainable profitability.