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Zona Centro 1,517 SF Retail Condo Unit Offered at $395,915 in Centro, Madrid 28005
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INVESTMENT HIGHLIGHTS
- Central area with a constant flow of residents and visitors.
- Very characteristic historical and cultural environment,
EXECUTIVE SUMMARY
Residential property with 2,285 m² of built space across 6 above-ground floors, located in the heart of the capital. Situated in one of the most traditional and charming areas of Madrid, this location is on a well-known street celebrated for its authentic local atmosphere. Here, long-standing businesses coexist with more contemporary offerings, creating a constant flow of residents and visitors. The area retains a distinct historical and cultural character, with vibrant and dynamic streets that are ideal for commercial or hospitality ventures seeking visibility and proximity to their audience.
PROPERTY FACTS
| Total Building Size | 10,000 - 60,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 6 |
| Property Subtype | Apartment | Year Built | 1980 - 1989 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 6 |
| Year Built | 1980 - 1989 |
AMENITIES
UNIT AMENITIES
- Heating
- Vaulted Ceiling
- Basement
1 UNIT AVAILABLE
| Unit Size | 1,517 SF | Condo Use | Retail |
| Price | $395,915 | Sale Type | Investment |
| Price Per SF | $260.99 |
| Unit Size | 1,517 SF |
| Price | $395,915 |
| Price Per SF | $260.99 |
| Condo Use | Retail |
| Sale Type | Investment |
DESCRIPTION
The property offers 130 m2 of built space, distributed as 40 m2 on the ground floor and 90 m2 in the basement, with a 4-meter linear façade.
SALE NOTES
Sale of a profitable hospitality space in Madrid Centro.
Bar premises for sale with a license but no exhaust system, located in the heart of Madrid Centro, in a high-traffic commercial and residential area, well-connected and close to Ribera de Curtidores.
The property has a total area of 130 m², distributed as 40 m² on the ground floor and 90 m² in the basement. It features a 4-meter-wide façade, an authorized capacity of 41 people, and operating hours from 6:00 AM to 2:00 AM, extendable by an additional 30 minutes on Fridays, Saturdays, and the eve of public holidays. While the current license does not include it, the space could accommodate a 2 m² kitchen without an exhaust system.
Although it does not have a terrace, its prime location and guaranteed profitability make it an ideal investment opportunity.
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Presented by
Zona Centro
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