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Highlights

  • Excellent location in the heart of the Malasaña neighborhood.
  • A key area for leisure in Madrid.

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • Basement, Ground
  • 786 SF
  • Negotiable
  • $54.02 /SF/YR INCL $4.50 /SF/MO INCL $42,446 /YR INCL $3,537 /MO INCL
  • Retail
  • Full Build-Out
  • Now

The 2 spaces in this building must be leased together, for a total size of 786 SF (Contiguous Area):

Basement - 366 SF
Ground - 420 SF

Commercial space for rent located on La Palma Street, at the corner with Acuerdo Street, between Norte and Amaniel Streets. The property has a license for food-related activities with a tasting area at the bar. It does not have an exhaust system. The space is distributed across a ground floor of 38.70 m² and a basement of 33.60 m². It is situated in a highly dynamic area with heavy pedestrian traffic and a wide range of shops, financial institutions, and dining establishments. The location offers excellent public transportation connections via several EMT bus lines and the Noviciado Metro station. Additionally, it is close to Conde Duque Parking and the San Bernardo 48 parking lot.

  • Taxes and charges included in the rent
  • Central Air Conditioning
  • Corner Space
  • Basement
  • Food license with tasting bar
  • Fully Built-Out as a Restaurant or Café Space
  • Private Restrooms
  • Secure Storage
  • Display Window
  • Large corner façade.
Space Size Term Rental Rate Space Use Build-Out Available
Basement, Ground 786 SF Negotiable $54.02 /SF/YR INCL $4.50 /SF/MO INCL $42,446 /YR INCL $3,537 /MO INCL Retail Full Build-Out Now

Basement, Ground

The 2 spaces in this building must be leased together, for a total size of 786 SF (Contiguous Area):

Size
Basement - 366 SF
Ground - 420 SF
Term
Negotiable
Rental Rate
$54.02 /SF/YR INCL $4.50 /SF/MO INCL $42,446 /YR INCL $3,537 /MO INCL
Space Use
Retail
Build-Out
Full Build-Out
Available
Now

Basement, Ground

The 2 spaces in this building must be leased together, for a total size of 786 SF (Contiguous Area):
Size
Basement - 366 SF
Ground - 420 SF
Term Negotiable
Rental Rate $54.02 /SF/YR INCL
Space Use Retail
Build-Out Full Build-Out
Available Now

Commercial space for rent located on La Palma Street, at the corner with Acuerdo Street, between Norte and Amaniel Streets. The property has a license for food-related activities with a tasting area at the bar. It does not have an exhaust system. The space is distributed across a ground floor of 38.70 m² and a basement of 33.60 m². It is situated in a highly dynamic area with heavy pedestrian traffic and a wide range of shops, financial institutions, and dining establishments. The location offers excellent public transportation connections via several EMT bus lines and the Noviciado Metro station. Additionally, it is close to Conde Duque Parking and the San Bernardo 48 parking lot.

  • Taxes and charges included in the rent
  • Fully Built-Out as a Restaurant or Café Space
  • Central Air Conditioning
  • Private Restrooms
  • Corner Space
  • Secure Storage
  • Basement
  • Display Window
  • Food license with tasting bar
  • Large corner façade.

Property Facts

Total Space Available 786 SF
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 18,374 SF
Year Built 1905

About the Property

Residential property with 1,707 m² of built space distributed across five above-ground floors, located in the heart of the Centro district. Situated in the Malasaña-Universidad neighborhood, one of the most dynamic and sought-after areas of the Centro district, known for its wide range of commercial, dining, and cultural offerings. The surrounding area boasts high pedestrian activity and excellent public transportation connections via Metro and buses, with easy access to Madrid's main central thoroughfares.

Nearby Major Retailers

Crossfit
Carrefour Express
Deutsche Bank
Rodilla
Unicaja
VIPS España
Oakberry
Ibercaja
Banco Santander
Caixabank
  • Listing ID: 42100179

  • Date on Market: 9/9/2026

  • Last Updated:

  • Address: Calle de la Palma, 69, Centro, Madrid 28015

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