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Zona Centro 1,517 SF Retail Condo Unit Offered at $400,358 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 | $400,358 | Sale Type | Investment |
| Price Per SF | $263.91 |
| Unit Size | 1,517 SF |
| Price | $400,358 |
| Price Per SF | $263.91 |
| Condo Use | Retail |
| Sale Type | Investment |
DESCRIPTION
The premises offer 130 square meters of built space, divided into 40 square meters on the ground floor and 90 square meters in the basement, with a frontage of 4 linear meters.
SALE NOTES
Sale of profitable hospitality venue in Madrid Center.
A venue with a bar license, without smoke extraction, is for sale, located in the heart of Madrid's Center, in a high-traffic commercial and residential area, very well connected and close to Ribera de Curtidores.
The space has a total area of 130 m2, distributed over 40 m2 on the street level and 90 m2 on the lower level. It features a 4-meter linear facade, an authorized capacity of 41 people, and opening hours from 6:00 AM to 2:00 AM, extendable by half an hour on Fridays, Saturdays, and holiday eves. Although the license does not include it, the venue could accommodate a kitchen without smoke extraction of 2 m2.
Without a terrace, but with a prime location and guaranteed operation, it is an ideal investment opportunity for profitability.
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Presented by
Zona Centro
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