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Investment Highlights

  • Excellent location
  • Spacious and bright place
  • Ideal for investors

Executive Summary

Residential building located in the heart of Madrid. Excellent transportation links.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit Puerta 01
  • 1,270 SF
  • Retail
  • $403,314 ($317.57/SF)
  • -
Sale Type Investment or Owner User
Description
Retail space of 118 m² at street level in the Centro district.
Sale Notes
Magnificent commercial space in the Centro district, part of the historic Madrid de los Austrias area, offering all necessary services. Located near the Puerta de Toledo, the Jardín de las Vistillas, Calle Gran Vía de San Francisco, and just steps away from landmarks such as the Basilica of San Francisco el Grande, the Royal Palace, the Almudena Cathedral, and Plaza Mayor, among others.

This is a street-level property spanning 118 square meters with dual access (from the street and through the building entrance).

The space features high ceilings of approximately 3.6 meters, heating, air conditioning, and wooden flooring.

Currently operating as an academy, it offers excellent potential. The layout includes a hall, a large open-plan area, an independent kitchen, and two restrooms, one of which has a shower.

There is significant potential for a change of use, making it an excellent investment opportunity in one of the most sought-after areas in the heart of Madrid.

The Palacio neighborhood is the largest in the area, close to the Mercado de la Cebada, and offers a wide variety of shops, entertainment options, and green spaces. At the same time, it remains one of the most peaceful and residential areas in the center of the capital.
Unit Unit Size Condo Use Price NOI
Unit Puerta 01 1,270 SF Retail $403,314 ($317.57/SF) -

Unit Puerta 01

Unit Size
1,270 SF
Condo Use
Retail
Price
$403,314 ($317.57/SF)
NOI
-

Unit Puerta 01

Unit Size 1,270 SF
Condo Use Retail
Price $403,314 ($317.57/SF)
NOI -
Sale Type Investment or Owner User
Description
Retail space of 118 m&#178; at street level in the Centro district.</li></ul>
Sale Notes
Magnificent commercial space in the Centro district, part of the historic Madrid de los Austrias area, offering all necessary services. Located near the Puerta de Toledo, the Jard&#237;n de las Vistillas, Calle Gran V&#237;a de San Francisco, and just steps away from landmarks such as the Basilica of San Francisco el Grande, the Royal Palace, the Almudena Cathedral, and Plaza Mayor, among others.<br> <br> This is a street-level property spanning 118 square meters with dual access (from the street and through the building entrance). <br> <br> The space features high ceilings of approximately 3.6 meters, heating, air conditioning, and wooden flooring. <br> <br> Currently operating as an academy, it offers excellent potential. The layout includes a hall, a large open-plan area, an independent kitchen, and two restrooms, one of which has a shower. <br> <br> There is significant potential for a change of use, making it an excellent investment opportunity in one of the most sought-after areas in the heart of Madrid.<br> <br> The Palacio neighborhood is the largest in the area, close to the Mercado de la Cebada, and offers a wide variety of shops, entertainment options, and green spaces. At the same time, it remains one of the most peaceful and residential areas in the center of the capital.</li></ul>

Property Facts

The following property facts and amenities 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 1950 - 1959

Amenities

  • Bus Line

Site Amenities

  • Close to Public Transportation
  • Listing ID: 31275977

  • Date on Market: 10/6/2020

  • Last Updated:

  • Address: Centro, Madrid 28005

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