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Chueca-Justicia 850 SF Retail Condo Unit Offered at $991,670 in Centro, Madrid 28004
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INVESTMENT HIGHLIGHTS
- High foot traffic area.
- Excellent public transportation connections.
EXECUTIVE SUMMARY
Residential building located in the Centro district of Madrid, specifically in the Justicia neighborhood. The immediate surroundings are characterized by narrow, irregularly laid-out streets typical of the city's historic center, with small sidewalks, occasional trees, and a high presence of pedestrians. The area offers a wide range of basic and complementary services within close proximity: educational centers, cultural, healthcare, and administrative facilities, as well as a variety of small shops, traditional markets, and hospitality spaces. Transportation options are extensive and varied, thanks to the central location. The nearest metro station is Chueca (Line 5), just a short walk away, and nearby are also the Gran Vía (Lines 1 and 5) and Tribunal (Lines 1 and 10) stations. The area is served by several urban bus lines with stops on nearby streets such as Hortaleza, Fuencarral, or Gran Vía. While access by private vehicle is possible, it is partially restricted due to mobility regulations (low-emission zone), and parking is regulated by meters.
PROPERTY FACTS
| Total Building Size | 10,000 - 60,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 5 |
| Property Subtype | Apartment | Year Built | 1940 - 1949 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 5 |
| Year Built | 1940 - 1949 |
1 UNIT AVAILABLE
| Unit Size | 850 SF | Condo Use | Retail |
| Price | $991,670 | Sale Type | Investment or Owner User |
| Price Per SF | $1,166.67 |
| Unit Size | 850 SF |
| Price | $991,670 |
| Price Per SF | $1,166.67 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
DESCRIPTION
Premises with 79 m² built on a single floor, featuring a main area, two bathrooms, and a convenient storage room.
Its 3-meter-wide façade and display window provide excellent visibility.
Additionally, it is equipped with heating and air conditioning.
SALE NOTES
Ref.: sb
Commercial space in the Chueca-Justicia area.
This property offers 79 m² of space and holds a special bar license, allowing operations until 3:30 AM. The cocktail bar, fully renovated and currently active, has a capacity for 50 people, with the option to expand, ensuring an intimate and welcoming atmosphere.
Located on the main party street of Chueca, this ground-floor venue is ideal for attracting a diverse and steady clientele.
Presented by
Chueca-Justicia
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