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Calle de Cercedilla 3,056 SF Retail Condo Unit Offered at $555,414 in Chamberí, Madrid 28015

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Investment Highlights

Good communication by public transport.

Immediate environment with all kinds of services around.

Executive Summary

Residential property with 3,830 m² of built space distributed across ten above-ground floors, located in Chamberí. This is a well-established residential area surrounded by shops and services. It offers excellent public transportation connections, with several nearby bus stops such as Bravo Murillo-Donoso Cortés and Bravo Murillo-Quevedo, as well as nearby metro stations, including Quevedo and Canal.

Property Facts Under Contract

Total Building Size	10,000 - 60,000 SF	Building Class	C
Property Type	Multifamily (Condo)	Floors	10
Property Subtype	Apartment	Year Built	1960 - 1969

Total Building Size	10,000 - 60,000 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Building Class	C
Floors	10
Year Built	1960 - 1969

Unit Amenities

Air Conditioning

Storage Space

Wheelchair Accessible (Rooms)

Site Amenities

Private Bathroom

1 Unit Available

Unit Size	3,056 SF	Condo Use	Retail
Price	$555,414	Sale Type	Investment or Owner User
Price Per SF	$181.75	Sale Status	Under Contract

Unit Size	3,056 SF
Price	$555,414
Price Per SF	$181.75
Condo Use	Retail
Sale Type	Investment or Owner User
Sale Status	Under Contract

Description

Local of 284 m2 with access from the street and additional basement. It has five façade windows that provide great visibility and natural light, a private patio, a bathroom and the possibility of providing more toilets. Versatile and reformable space, ideal for multiple uses such as commerce, restaurants or storage rooms.

Sale Notes

Spacious street-level commercial space located in one of the most exclusive and high-demand areas of Madrid, just a few meters from Glorieta de Quevedo and very close to Teatro Canal.

With a built area of 284 sqm, it has direct access from the street and an additional basement that significantly expands its potential uses. It is a versatile property with strong potential for different business models.

The space features five large windows facing the street, ensuring natural light and maximum visibility. It also has a private-use patio, ideal as a support area or for complementary functions. It includes an existing restroom and five additional drain lines that allow for the installation of more restrooms if needed. Its adaptability offers great renovation possibilities for projects of different types: retail, food and beverage, storage units, or other high-yield uses.

The location is unbeatable, right in the Chamberí neighborhood, surrounded by a prime cultural and commercial environment, with heavy foot traffic and excellent transport connections.

Annual property tax (IBI): €1,710.90. Homeowners association fees: €160.79.