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Centro, Madrid 28004 2,583 SF Retail Condo Unit Offered at $2,328,912



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INVESTMENT HIGHLIGHTS
- Excellent area with a lot of pedestrians.
- Good connections.
EXECUTIVE SUMMARY
Residential building with commercial space in a consolidated area with all kinds of services around it.
PROPERTY FACTS
| Total Building Size | 10,000 - 60,000 SF | Floors | 7 |
| Property Type | Multifamily (Condo) | Year Built/Renovated | 1910 - 1919/1990 - 1999 |
| Building Class | C |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Building Class | C |
| Floors | 7 |
| Year Built/Renovated | 1910 - 1919/1990 - 1999 |
AMENITIES
- Bus Line
- Natural Light
- Emergency Lighting
SITE AMENITIES
- Close to Public Transportation
- Elevator
1 UNIT AVAILABLE
Unit 1
| Unit Size | 2,583 SF | Condo Use | Retail |
| Price | $2,328,912 | Sale Type | Investment or Owner User |
| Price Per SF | $901.63 |
| Unit Size | 2,583 SF |
| Price | $2,328,912 |
| Price Per SF | $901.63 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
DESCRIPTION
Local of 240 m2.
SALE NOTES
Magnificent commercial space available for rent located in the heart of the Universidad neighborhood, in the Centro district, just 100 meters from Gran Vía.
It has a total area of 240 m² distributed over two levels, with 120 m² on the ground floor and 120 m² on the semi-basement level.
Its two large windows, along with the glass entrance door, provide plenty of natural light inside the space and offer excellent visibility from the outside for potential customers.
The space is fully equipped, conditioned, and has been recently renovated.
On the ground floor, there is a table service and bar area, a fully equipped kitchen of approximately 20 m², and two restrooms (men's and women's). Due to its older license, it is not required to have a restroom for individuals with reduced mobility.
The location benefits from high pedestrian traffic thanks to its excellent position, right next to the Telefónica building and parallel to Fuencarral Street. The establishment has a steady daily clientele.
It is well-connected by public transportation, with several nearby bus stops and the Callao metro station (lines 3 and 5) just a two-minute walk away.
Economic conditions:
- Security deposit to be determined.
- Additional guarantee to be determined.
- 10-year lease with 2 years mandatory and a 3-month notice period.
Rental option without transfer: €12,000/month.
Interior Photo
Interior Photo
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"Centro, Madrid 28004"
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