Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

961 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Chueca - Justicia 2,949 SF Retail Condo Unit Offered at $3,733,346 in Centro, Madrid 28004

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Some information has been automatically translated.

INVESTMENT HIGHLIGHTS

Commercial and busy area in the heart of the capital.

Constant flow of potential customers.

EXECUTIVE SUMMARY

Residential property with 1,013 m2 of built space distributed across six above-ground floors, located in the heart of the capital. Situated in the Justicia neighborhood, one of the most iconic and vibrant areas of Madrid. Its strategic location, close to Gran Vía, Chueca, and Malasaña, ensures high visibility and constant foot traffic from both residents and tourists, making it a highly sought-after area for businesses and commercial activities.

PROPERTY FACTS

Total Building Size	10,000 - 60,000 SF	Building Class	C
Property Type	Multifamily (Condo)	Floors	6
Property Subtype	Apartment	Year Built	1910 - 1919

Total Building Size	10,000 - 60,000 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Building Class	C
Floors	6
Year Built	1910 - 1919

UNIT AMENITIES

Air Conditioning

Storage Space

SITE AMENITIES

Private Bathroom

1 UNIT AVAILABLE

Unit Pta. 01

Unit Size	2,949 SF	Condo Use	Retail
Price	$3,733,346	Sale Type	Investment or Owner User
Price Per SF	$1,265.97

Unit Size	2,949 SF
Price	$3,733,346
Price Per SF	$1,265.97
Condo Use	Retail
Sale Type	Investment or Owner User

DESCRIPTION

The establishment consists of two connected premises, offering a total capacity of 92 people distributed across three spacious and fully soundproofed rooms, allowing for comfortable and efficient service to the public. All areas underwent a complete renovation in 2013 and comply with current accessibility and acoustic regulations.

The kitchen is fully equipped and designed to handle high service volumes, with separate areas for food preparation, storage, and washing. The premises also include staff changing rooms, a cleaning area, a waste management space, and accessible restrooms, ensuring functionality across all areas.

The combination of spacious rooms, a professional kitchen, and well-distributed auxiliary spaces makes the establishment operational and efficient, ready to continue its activity immediately.

SALE NOTES

Bar-restaurant for sale in the Justicia neighborhood, Madrid.

A bar-restaurant is being offered in the heart of the Justicia neighborhood, one of the most iconic, dynamic, and sought-after areas of Madrid. Located near Gran Vía, Chueca, and Malasaña, this property represents a unique opportunity for investors or hospitality entrepreneurs looking for a business with active licenses, a prime location, and an established clientele.

With over 30 years of history, the establishment is fully operational and is being sold due to the owner's retirement, allowing the business to continue profitably without requiring additional investments.

The property consists of two connected premises, offering a total capacity for 92 people, distributed across three spacious and fully soundproofed dining rooms. The entire space underwent a complete renovation in 2013 and is in excellent condition, meeting current accessibility and acoustic regulations.

Regarding licenses, the property holds a definitive bar license with operating hours from 6:00 AM to 2:00 AM, a restaurant license with hours from 10:00 AM to 2:00 AM, a music license with an acoustic vestibule, and a legalized and operational smoke extraction system.

The kitchen is fully equipped and ready for high-volume service, featuring six industrial burners, two fryers, two ovens (including a Rational oven with 10 trays), three refrigeration units, a washing station with a double sink, and a separate food storage area. Additionally, it includes staff changing rooms, a cleaning area, a waste management space, and adapted restrooms, ensuring functionality and compliance with regulations in all areas.

Its location in the Centro district is one of its main assets. This is a high foot traffic and tourist area, surrounded by high-income residential buildings, offices, boutique hotels, shops, and a vibrant cultural and gastronomic scene. This guarantees high profitability and a steady flow of local and international customers year-round.

Currently, there are no properties for sale in Justicia with these features, licenses, and level of preservation. The combination of a strategic location, active licenses, a fully equipped kitchen, and an established clientele makes this establishment a unique investment opportunity in the center of Madrid.