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Highlights

  • Iconic location in the heart of Chamberí.
  • Classic building with great visibility.

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • Ground, 1st Floor
  • 2,056 SF
  • Negotiable
  • $43.42 /SF/YR EXCL $3.62 /SF/MO EXCL $89,276 /YR EXCL $7,440 /MO EXCL
  • Retail
  • Full Build-Out
  • 30 Days

The 2 spaces in this building must be leased together, for a total size of 2,056 SF (Contiguous Area):

Ground - 1,292 SF
1st Floor - 764 SF

Exclusive commercial space for lease located on the prestigious Sagasta Street, one of the most renowned and heavily trafficked arteries in the center of Madrid. Its strategic position between Plaza de Alonso Martínez and Glorieta de Bilbao ensures high visibility, constant pedestrian flow, and a balanced mix of residential and office clientele—key factors for businesses in the restaurant and hospitality sectors. The property is distributed across two floors, carefully organized to optimize business operations. On the ground floor, there is a standout open glass-enclosed kitchen equipped with an exhaust system, designed to provide functionality and visual connection with the various dining areas. This floor also features three distinct spaces that offer flexibility in service layout, accommodating both traditional gastronomic concepts and more contemporary proposals. The lower floor perfectly complements the main activity with essential support spaces, including staff dressing rooms with showers, an office, customer restrooms, and a spacious, nearly open-plan storage area. The presence of a freight elevator facilitates internal logistics and enhances the operational efficiency of the establishment. The immediate surroundings boast a well-established offering of restaurants and services, positioning this space as an ideal opportunity for operators seeking to establish themselves in a dynamic area with high market appeal and recognition in Madrid.

  • Taxes and charges not included in the rent
  • Located in-line with other retail
  • Private Restrooms
  • Recessed Lighting
  • Distributed over two floors.
  • Fully Built-Out as Standard Retail Space
  • Space is in Excellent Condition
  • High Ceilings
  • Excellent location in the heart of Chamberí.
  • Transfer: €75,000.
Space Size Term Rental Rate Space Use Build-Out Available
Ground, 1st Floor 2,056 SF Negotiable $43.42 /SF/YR EXCL $3.62 /SF/MO EXCL $89,276 /YR EXCL $7,440 /MO EXCL Retail Full Build-Out 30 Days

Ground, 1st Floor

The 2 spaces in this building must be leased together, for a total size of 2,056 SF (Contiguous Area):

Size
Ground - 1,292 SF
1st Floor - 764 SF
Term
Negotiable
Rental Rate
$43.42 /SF/YR EXCL $3.62 /SF/MO EXCL $89,276 /YR EXCL $7,440 /MO EXCL
Space Use
Retail
Build-Out
Full Build-Out
Available
30 Days

Ground, 1st Floor

The 2 spaces in this building must be leased together, for a total size of 2,056 SF (Contiguous Area):
Size
Ground - 1,292 SF
1st Floor - 764 SF
Term Negotiable
Rental Rate $43.42 /SF/YR EXCL
Space Use Retail
Build-Out Full Build-Out
Available 30 Days

Exclusive commercial space for lease located on the prestigious Sagasta Street, one of the most renowned and heavily trafficked arteries in the center of Madrid. Its strategic position between Plaza de Alonso Martínez and Glorieta de Bilbao ensures high visibility, constant pedestrian flow, and a balanced mix of residential and office clientele—key factors for businesses in the restaurant and hospitality sectors. The property is distributed across two floors, carefully organized to optimize business operations. On the ground floor, there is a standout open glass-enclosed kitchen equipped with an exhaust system, designed to provide functionality and visual connection with the various dining areas. This floor also features three distinct spaces that offer flexibility in service layout, accommodating both traditional gastronomic concepts and more contemporary proposals. The lower floor perfectly complements the main activity with essential support spaces, including staff dressing rooms with showers, an office, customer restrooms, and a spacious, nearly open-plan storage area. The presence of a freight elevator facilitates internal logistics and enhances the operational efficiency of the establishment. The immediate surroundings boast a well-established offering of restaurants and services, positioning this space as an ideal opportunity for operators seeking to establish themselves in a dynamic area with high market appeal and recognition in Madrid.

  • Taxes and charges not included in the rent
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Private Restrooms
  • High Ceilings
  • Recessed Lighting
  • Excellent location in the heart of Chamberí.
  • Distributed over two floors.
  • Transfer: €75,000.

Property Facts

Total Space Available 2,056 SF
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 57,544 SF
Year Built 1920

About the Property

Iconic and classic residential building in a prime location just steps from Alonso Martínez.

Nearby Major Retailers

Basic-Fit
Mercadona
Carrefour Express
Lidl
Santander
CaixaBank
Unicaja
Ibercaja
Oakberry
Rodilla
  • Listing ID: 41329362

  • Date on Market: 7/17/2026

  • Last Updated:

  • Address: Calle de Sagasta, 12, Centro, Madrid 28004

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