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Investment Highlights

  • Central location in a tourist area between the Opera House and the Main Street
  • Special bar license

Executive Summary

Residential property with 581 m² of built space distributed across five above-ground floors, located in the heart of the city center. Situated in the heart of the Barrio de los Austrias, within Madrid's Centro district, just steps away from Plaza Mayor and with immediate access to the Ópera metro station. This is a pedestrian area with high tourist traffic and commercial activity, surrounded by restaurants, shops, and some of the city's most iconic monuments and attractions.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 01
  • 914 SF
  • Retail
  • $600,274 ($656.76/SF)
  • $36,016.46
Sale Type Investment
Cap Rate 6.00%
Description
Commercial space of 85 m² located at street level. The space is set up as a bar and includes the necessary equipment for the activity.
Sale Notes
Magnificent commercial space for sale with profitability in the Ópera area, just steps away from Plaza Mayor and located in one of the busiest tourist spots in Madrid.

Currently operating as a cocktail bar with all licenses and permits in place, it is leased under a contract valid until January 2036, offering an estimated annual yield of 6.5%. The establishment has been in continuous operation for over six years and has become a nightlife hotspot in the area, boasting a loyal customer base and a steady flow of visitors thanks to its prime location near Madrid's main attractions.

The property is being sold in its current condition, including all installations and equipment related to the ongoing business activity, making it a guaranteed investment opportunity in the heart of Madrid.
Unit Unit Size Condo Use Price NOI
Unit 01 914 SF Retail $600,274 ($656.76/SF) $36,016.46

Unit 01

Unit Size
914 SF
Condo Use
Retail
Price
$600,274 ($656.76/SF)
NOI
$36,016.46

Unit 01

Unit Size 914 SF
Condo Use Retail
Price $600,274 ($656.76/SF)
NOI $36,016.46
Sale Type Investment
Cap Rate 6.00%
Description
Commercial space of 85 m&#178; located at street level. The space is set up as a bar and includes the necessary equipment for the activity.</li></ul>
Sale Notes
Magnificent commercial space for sale with profitability in the &#211;pera area, just steps away from Plaza Mayor and located in one of the busiest tourist spots in Madrid. <br> <br> Currently operating as a cocktail bar with all licenses and permits in place, it is leased under a contract valid until January 2036, offering an estimated annual yield of 6.5%. The establishment has been in continuous operation for over six years and has become a nightlife hotspot in the area, boasting a loyal customer base and a steady flow of visitors thanks to its prime location near Madrid&#39;s main attractions. <br> <br> The property is being sold in its current condition, including all installations and equipment related to the ongoing business activity, making it a guaranteed investment opportunity in the heart of Madrid.</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size < 15,000 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 5
Year Built/Renovated 1860 - 1869/1980 - 1989
  • Listing ID: 31264599

  • Date on Market: 1/22/2026

  • Last Updated:

  • Address: Centro, Madrid 28013

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