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Calle de Salitre 645 SF Retail Condo Unit Offered at $328,735 in Centro, Madrid 28012
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Investment Highlights
- Location in the Lavapies-Embajadores neighborhood, Centro district of Madrid.
- Commercial and social intensity in surrounding streets.
- Cultural environment with proximity to the Reina Sofía Museum and CaixaForum.
- Excellent connectivity via metro, bus and Atocha station.
Executive Summary
Residential property located in the Centro district of Madrid. The surrounding area is situated in the Lavapiés-Embajadores neighborhood, known for its multi-story residential buildings with ground-floor commercial spaces and vibrant cultural and social activity. Nearby landmarks include the Reina Sofía Museum, the Royal Botanical Garden, and the CaixaForum, as well as Atocha Station, one of the main transportation hubs in the capital. The location offers excellent connectivity through the urban road network and public transportation. Nearby, there are several bus lines, the Lavapiés metro station, and Atocha train station, which provides connections to commuter trains (Cercanías), medium- and long-distance trains, as well as the high-speed AVE service. This ensures outstanding accessibility both within the city and to other parts of the region and the country.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
It has an active business license valid until 2:00 AM, allowing operations during nighttime hours. The space is fully equipped for hospitality activities, featuring an installed bar, a dining area with tables, a fully equipped kitchen, a smoke extraction system, and an accessible restroom. Additionally, it boasts a warm and stylish decor that complements the surrounding environment.
The area offers excellent public transportation connections, with nearby metro and bus stops providing access to various parts of the city. Situated in the heart of the urban center, it is located in one of the city's most vibrant areas, known for its diverse cultural, entertainment, and culinary offerings.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 645 SF | Retail | $328,735 ($509.67/SF) | - |
-
| Unit Size |
| 645 SF |
| Condo Use |
| Retail |
| Price |
| $328,735 ($509.67/SF) |
| NOI |
| - |
-
| Unit Size | 645 SF |
| Condo Use | Retail |
| Price | $328,735 ($509.67/SF) |
| NOI | - |
| Sale Type | Investment |
| Description | |
| The property has a constructed area of 60 m2 and is currently operating as a bar.</li></ul> | |
| Sale Notes | |
| Commercial property for sale with profitability located on Calle Salitre, in the Lavapiés neighborhood, Madrid.<br> <br> It has an active business license valid until 2:00 AM, allowing operations during nighttime hours. The space is fully equipped for hospitality activities, featuring an installed bar, a dining area with tables, a fully equipped kitchen, a smoke extraction system, and an accessible restroom. Additionally, it boasts a warm and stylish decor that complements the surrounding environment.<br> <br> The area offers excellent public transportation connections, with nearby metro and bus stops providing access to various parts of the city. Situated in the heart of the urban center, it is located in one of the city's most vibrant areas, known for its diverse cultural, entertainment, and culinary offerings.</li></ul> |
Property Facts
| Total Building Size | 10,000 - 60,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 6 |
| Property Subtype | Apartment | Year Built | 1890 - 1899 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 6 |
| Year Built | 1890 - 1899 |
Presented by
Calle de Salitre
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