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Highlights

  • Located with the facade facing the street, exposing the user of the space to the business that generates pedestrian traffic.
  • Transfer of restaurant for €100,000.
  • Proximity to the M-30 highway and good access to public transportation.

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • Ground
  • 592 SF
  • Negotiable
  • $54.05 /SF/YR EXCL $4.50 /SF/MO EXCL $31,996 /YR EXCL $2,666 /MO EXCL
  • Retail
  • Full Build-Out
  • Now

Commercial space with a definitive restaurant license and smoke vent, located on the prestigious Calle Pelayo in the heart of the Chueca neighborhood, within the ZPAE zone. The space has an approximate area of 55 m² and features an open, functional, and well-utilized layout. It has an authorized indoor capacity for 25 people and is open until 2:00 AM. The property is fully renovated and equipped, with all installations, machinery, and furniture in perfect condition. Currently operating as a fully functioning restaurant, it has an established clientele and excellent presence on online platforms. Its location, in the heart of Chueca, one of the most dynamic, tourist-friendly, and promising areas of Madrid, ensures a constant flow of both local and international visitors. The surroundings are filled with dining establishments, entertainment venues, and alternative shops, enhancing its commercial appeal. This is a unique opportunity to continue a profitable business or develop a new culinary concept, with the added advantage of having a definitive restaurant license with a smoke vent in a ZPAE zone, something very rare in the current market. The transfer conditions include a two-month deposit and additional guarantees for three months.

  • Taxes and Charges not included in the Rent
  • Located in-line with other retail
  • Transfer of restaurant for €100,000
  • Fully Built-Out as a Restaurant or Café Space
  • Space is in Excellent Condition
  • Final license in ZPAE zone
Space Size Term Rental Rate Space Use Condition Available
Ground 592 SF Negotiable $54.05 /SF/YR EXCL $4.50 /SF/MO EXCL $31,996 /YR EXCL $2,666 /MO EXCL Retail Full Build-Out Now

Ground

Size
592 SF
Term
Negotiable
Rental Rate
$54.05 /SF/YR EXCL $4.50 /SF/MO EXCL $31,996 /YR EXCL $2,666 /MO EXCL
Space Use
Retail
Condition
Full Build-Out
Available
Now

Ground

Size 592 SF
Term Negotiable
Rental Rate $54.05 /SF/YR EXCL
Space Use Retail
Condition Full Build-Out
Available Now

Commercial space with a definitive restaurant license and smoke vent, located on the prestigious Calle Pelayo in the heart of the Chueca neighborhood, within the ZPAE zone. The space has an approximate area of 55 m² and features an open, functional, and well-utilized layout. It has an authorized indoor capacity for 25 people and is open until 2:00 AM. The property is fully renovated and equipped, with all installations, machinery, and furniture in perfect condition. Currently operating as a fully functioning restaurant, it has an established clientele and excellent presence on online platforms. Its location, in the heart of Chueca, one of the most dynamic, tourist-friendly, and promising areas of Madrid, ensures a constant flow of both local and international visitors. The surroundings are filled with dining establishments, entertainment venues, and alternative shops, enhancing its commercial appeal. This is a unique opportunity to continue a profitable business or develop a new culinary concept, with the added advantage of having a definitive restaurant license with a smoke vent in a ZPAE zone, something very rare in the current market. The transfer conditions include a two-month deposit and additional guarantees for three months.

  • Taxes and Charges not included in the Rent
  • Fully Built-Out as a Restaurant or Café Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Transfer of restaurant for €100,000
  • Final license in ZPAE zone

Property Facts

Total Space Available 592 SF
Property Type Multifamily
Property Subtype Apartment
Building Size 10,000 - 60,000 SF
Year Built 1900 - 1909

About the Property

Residential building of 1,586 m² with street-level retail spaces, built in 1905 along Pelayo Street in Madrid.

Nearby Major Retailers

Starbucks
Eroski
Kutxabank
Udon
Five Guys
Tony Roma's
Caixabank
Banco Sabadell
Unicaja
Santander
  • Listing ID: 36770676

  • Date on Market: 7/17/2025

  • Last Updated:

  • Address: Calle de Pelayo, Centro, Madrid 28004

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