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Zona Centro 1,517 SF Retail Condo Unit Offered at $386,017 in Centro, Madrid 28005
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Investment Highlights
- Central area with a constant flow of residents and visitors.
- Very distinctive 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.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Description
The premises offer 130 square meters of built space, distributed as 40 square meters on the ground floor and 90 square meters in the basement, with a 4-meter linear façade.
Sale Notes
Sale of a profitable hospitality space in Madrid Centro.
A commercial space with a bar license (no exhaust system) is for sale, 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 linear 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 license does not currently 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.
A commercial space with a bar license (no exhaust system) is for sale, 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 linear 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 license does not currently 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.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 1,517 SF | Retail | $386,017 ($254.46/SF) | - |
-
| Unit Size |
| 1,517 SF |
| Condo Use |
| Retail |
| Price |
| $386,017 ($254.46/SF) |
| NOI |
| - |
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| Unit Size | 1,517 SF |
| Condo Use | Retail |
| Price | $386,017 ($254.46/SF) |
| NOI | - |
| Sale Type | Investment |
| Description | |
| The premises offer 130 square meters of built space, distributed as 40 square meters on the ground floor and 90 square meters in the basement, with a 4-meter linear façade.</li></ul> | |
| Sale Notes | |
| Sale of a profitable hospitality space in Madrid Centro. <br> A commercial space with a bar license (no exhaust system) is for sale, located in the heart of Madrid Centro, in a high-traffic commercial and residential area, well-connected and close to Ribera de Curtidores. <br> <br> 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 linear 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 license does not currently include it, the space could accommodate a 2 m² kitchen without an exhaust system. <br> <br> Although it does not have a terrace, its prime location and guaranteed profitability make it an ideal investment opportunity.</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 | 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 |
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Grupo Portugal
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Zona Centro
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