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Investment Highlights

  • Excellent location.
  • Highly trafficked area with good connectivity.

Executive Summary

Residential building constructed in 1958. It has 7 above-ground floors, featuring apartments on the upper levels and a large commercial space on the ground floor.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • -
  • 7,211 SF
  • Retail
  • $2,792,678 ($387.28/SF)
  • -
Sale Type Investment
Description
Excellent commercial space with an area of 670 m² distributed on a single open-plan floor.

It is very well located in the Chamberí area.
Sale Notes
Sale of a high-yield commercial property currently leased.

Recently leased to DIA supermarkets for 20 years, making it a very stable and profitable investment. There is a mandatory compliance period of 5 years.

It is located on Palafox Street in Chamberí. The property is situated near Olavide Square, in a busy and well-connected area.

It has a surface area of 670 m² distributed on a single open-plan floor.

It is currently under renovation, with an investment of close to one million euros.
Unit Unit Size Condo Use Price NOI
- 7,211 SF Retail $2,792,678 ($387.28/SF) -

-

Unit Size
7,211 SF
Condo Use
Retail
Price
$2,792,678 ($387.28/SF)
NOI
-

-

Unit Size 7,211 SF
Condo Use Retail
Price $2,792,678 ($387.28/SF)
NOI -
Sale Type Investment
Description
Excellent commercial space with an area of 670 m&#178; distributed on a single open-plan floor.<br> <br> It is very well located in the Chamber&#237; area.</li></ul>
Sale Notes
Sale of a high-yield commercial property currently leased.<br> <br> Recently leased to DIA supermarkets for 20 years, making it a very stable and profitable investment. There is a mandatory compliance period of 5 years.<br> <br> It is located on Palafox Street in Chamber&#237;. The property is situated near Olavide Square, in a busy and well-connected area.<br> <br> It has a surface area of 670 m&#178; distributed on a single open-plan floor.<br> <br> It is currently under renovation, with an investment of close to one million euros.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 10,000 - 60,000 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 7
Year Built 1950 - 1959

Amenities

Site Amenities

  • Elevator
  • Public Transportation
  • Listing ID: 38247895

  • Date on Market: 10/29/2025

  • Last Updated:

  • Address: Chamberí, Madrid 28010

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