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Calle de Modesto Lafuente, 88 4,047 SF Retail Condo Unit Offered at $2,648,929 in Chamberí, Madrid 28003


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INVESTMENT HIGHLIGHTS
- Busy area with all types of services nearby.
- Excellent public transportation access.
EXECUTIVE SUMMARY
Residential property with 2,493 m2 of built space distributed across seven above-ground floors, located in Nuevos Ministerios - Ríos Rosas. Situated in the central Chamberí district of Madrid, it offers excellent connectivity and proximity to public transportation. 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 |
AMENITIES
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 | $2,648,929 | Sale Type | Investment |
| Price Per SF | $654.54 |
| Unit Size | 4,047 SF |
| Price | $2,648,929 |
| Price Per SF | $654.54 |
| 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 cozy style, ideal for offering a top-notch 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 has 160 m2 on the main floor and the rest in the basement.
The street-level floor houses several dining areas with different table formats that can accommodate both daily service and celebrations or groups. It also includes a fully equipped bar and a warm, modern atmosphere achieved through careful lighting and designer furniture.
In the basement, there is a professional kitchen, fully equipped and ready to operate without additional investment, as well as a private reserved area, storage space, and restrooms for customers.
The kitchen features an industrial extractor hood, stoves, grills, oven, refrigeration and cooling units, stainless steel work surfaces, and a functional and efficient layout.
2. Adjacent space (approx. 51 m2). Previously used as a concierge area, it is currently set up as an auxiliary space for the restaurant.
It has two spacious rooms with natural ventilation, a full bathroom, and is used as storage and operational support area.
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 space is rented with an active contract, ensuring immediate profitability for investors. At the same time, it presents an excellent opportunity for direct operation in the future, as the restaurant is fully set up, decorated, and operational.
The location is unbeatable: in the heart of Chamberí, one of the most sought-after areas in Madrid, with a constant flow of people and surrounded by offices, residences, and shops. Its great visibility and excellent public transport connections ensure solid and sustainable profitability.
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Presented by
Calle de Modesto Lafuente, 88
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