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Zona Tetuán 1,894 SF Retail Condo Unit Offered at $647,516 in Tetuán, Madrid 28020

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INVESTMENT HIGHLIGHTS

  • Free façade for personalized signs and windows.
  • Option to purchase or rent parking spaces in the building.
  • Three functional levels with interior access by stairs.
  • Strategic location in an expanding commercial area.

EXECUTIVE SUMMARY

Residential building with 7 above-ground floors located on Bravo Murillo Street. Commercial area with high pedestrian and vehicle traffic, as well as excellent transport connections.

PROPERTY FACTS

Total Building Size 10,000 - 60,000 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 7
Year Built 1990 - 1999

AMENITIES

  • Bus Line

SITE AMENITIES

  • Close to Public Transportation

1 UNIT AVAILABLE

Unit Size 1,894 SF
Price $647,516
Price Per SF $341.88
Condo Use Retail
Sale Type Investment or Owner User
DESCRIPTION

Commercial space of 176 m2 built and about 147 m2 useful in Bravo Murillo street.

SALE NOTES

Located on one of Madrid's most active commercial thoroughfares, this versatile property on Bravo Murillo represents an exceptional opportunity for investors seeking an asset with high appreciation potential and multiple usage possibilities. With a total area of 176 m2 spread across three levels (street level, upper floor, and basement), the property offers a flexible configuration suitable for retail, dining, office space, or even conversion into residential use.

The unrestricted facade allows for customization of the business's commercial image, while the dual orientation—front facing Bravo Murillo and rear facing a large courtyard—ensures excellent natural light. The upper floor is registered as a residence in the Land Registry, opening the door to multi-story residential projects.

The property is equipped with heating and cooling via a heat pump, and there is an option to purchase two parking spaces in the same building, accessible by elevator or stairs. The area is undergoing significant real estate expansion, surrounded by essential services and boasting excellent connectivity: bus lines right in front and Tetuán metro station just two minutes away.

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  • Listing ID: 37859868

  • Date on Market: 9/29/2025

  • Last Updated:

  • Address: Tetuán, Madrid 28020

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