Calle de Santa Engracia 2,895 SF of Retail Space Available in Chamberí, Madrid 28010

Located on one of the most sought-after stretches of Santa Engracia Street, this commercial space represents a unique opportunity to establish a hospitality business in a high-demand area with excellent visibility and constant foot traffic. Surrounded by renowned culinary establishments such as Bienmesabe and La Taberna de Ardosa, the area offers a well-established clientele and a vibrant atmosphere that supports profitability from day one. The property comes with an active bar-restaurant license, a particularly valuable asset in this area where new licenses are no longer being granted. Additionally, the terrace license is currently in process, and the wide sidewalk allows for a comfortable and attractive setup for patrons. The authorized operating hours, from 8:00 AM to 2:00 AM, maximize the business potential during both daytime and nighttime hours. Equipped with a smoke vent, kitchen, spacious bar, and carefully designed lighting, the space is ready to operate with minimal adjustments. Its façade provides excellent commercial visibility, ideal for capturing the attention of pedestrians and vehicular traffic. Located in the Chamartín district, known for its high-income residents and active population, this location is perfect for innovative culinary concepts or established brands. The transfer price of €375,000 includes the strategic value of the license, the property’s setup, and its prime positioning in one of Madrid’s most dynamic areas, just steps away from Ponzano Street.