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Zona Palacio 377 - 1,055 SF of Retail Space Available in Centro, Madrid 28005

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HIGHLIGHTS

  • Iconic leisure area of Madrid.
  • Landmark for locals and tourists.

ALL AVAILABLE SPACES(2)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • Ground
  • 678 SF
  • Negotiable
  • $35.25 /SF/YR INCL $2.94 /SF/MO INCL $23,901 /YR INCL $1,992 /MO INCL
  • Retail
  • Full Build-Out
  • 30 Days

Transfer of cocktail bar in the center of Madrid. Located in the heart of the city's most vibrant nightlife, where the lights never rest and the energy is palpable at every corner until dawn, this iconic space has been a must-visit for those seeking atmosphere, activity, and immediate profitability for years. The space features 98 m2 distributed over two well-utilized levels, with the main floor offering 63 m2 of open potential, while the upper floor adds 35 m2 of more intimate space, ideal for private areas, events, or creative expansion. The venue has a definitive bar-café license, a capacity for 98 people, staff dressing room, independent storage, and two restrooms. Everything is ready to continue operating without interruptions. Currently, it operates as an established cocktail bar with a regular clientele and a versatile schedule that combines morning calm (opening from 8:00 AM) with nighttime vitality until 2:00 AM. Its greatest advantage: it requires no renovations or additional investments, as it is already operational and generating profits. The owner, after many years at the helm, is retiring, leaving a thriving business in new hands.

  • Taxes and Charges included in the Rent
  • Can be combined with additional space(s) for up to 1,055 SF of adjacent space
  • Private Restrooms
  • Transfer of cocktail bar for €350,000.
  • Fully Built-Out as a Restaurant or Café Space
  • Central Air Conditioning
  • Secure Storage
  • Final license and capacity for 98 people.
  • 1st Floor
  • 377 SF
  • Negotiable
  • $35.25 /SF/YR INCL $2.94 /SF/MO INCL $13,278 /YR INCL $1,107 /MO INCL
  • Retail
  • Full Build-Out
  • 30 Days

Transfer of cocktail bar in the center of Madrid. Located in the heart of the city's most vibrant nightlife, where the lights never rest and the energy is palpable at every corner until dawn, this iconic space has been a must-visit for those seeking atmosphere, activity, and immediate profitability for years. The space features 98 m2 distributed over two well-utilized levels, with the main floor offering 63 m2 of open potential, while the upper floor adds 35 m2 of more intimate space, ideal for private areas, events, or creative expansion. The venue has a definitive bar-café license, a capacity for 98 people, staff dressing room, independent storage, and two restrooms. Everything is ready to continue operating without interruptions. Currently, it operates as an established cocktail bar with a regular clientele and a versatile schedule that combines morning calm (opening from 8:00 AM) with nighttime vitality until 2:00 AM. Its greatest advantage: it requires no renovations or additional investments, as it is already operational and generating profits. The owner, after many years at the helm, is retiring, leaving a thriving business in new hands.

  • Taxes and Charges included in the Rent
  • Can be combined with additional space(s) for up to 1,055 SF of adjacent space
  • Private Restrooms
  • Transfer of cocktail bar for €350,000.
  • Fully Built-Out as a Restaurant or Café Space
  • Central Air Conditioning
  • Secure Storage
  • Final license and capacity for 98 people.
Space Size Term Rental Rate Space Use Condition Available
Ground 678 SF Negotiable $35.25 /SF/YR INCL $2.94 /SF/MO INCL $23,901 /YR INCL $1,992 /MO INCL Retail Full Build-Out 30 Days
1st Floor 377 SF Negotiable $35.25 /SF/YR INCL $2.94 /SF/MO INCL $13,278 /YR INCL $1,107 /MO INCL Retail Full Build-Out 30 Days

Ground

Size
678 SF
Term
Negotiable
Rental Rate
$35.25 /SF/YR INCL $2.94 /SF/MO INCL $23,901 /YR INCL $1,992 /MO INCL
Space Use
Retail
Condition
Full Build-Out
Available
30 Days

1st Floor

Size
377 SF
Term
Negotiable
Rental Rate
$35.25 /SF/YR INCL $2.94 /SF/MO INCL $13,278 /YR INCL $1,107 /MO INCL
Space Use
Retail
Condition
Full Build-Out
Available
30 Days

Ground

Size 678 SF
Term Negotiable
Rental Rate $35.25 /SF/YR INCL
Space Use Retail
Condition Full Build-Out
Available 30 Days

Transfer of cocktail bar in the center of Madrid. Located in the heart of the city's most vibrant nightlife, where the lights never rest and the energy is palpable at every corner until dawn, this iconic space has been a must-visit for those seeking atmosphere, activity, and immediate profitability for years. The space features 98 m2 distributed over two well-utilized levels, with the main floor offering 63 m2 of open potential, while the upper floor adds 35 m2 of more intimate space, ideal for private areas, events, or creative expansion. The venue has a definitive bar-café license, a capacity for 98 people, staff dressing room, independent storage, and two restrooms. Everything is ready to continue operating without interruptions. Currently, it operates as an established cocktail bar with a regular clientele and a versatile schedule that combines morning calm (opening from 8:00 AM) with nighttime vitality until 2:00 AM. Its greatest advantage: it requires no renovations or additional investments, as it is already operational and generating profits. The owner, after many years at the helm, is retiring, leaving a thriving business in new hands.

  • Taxes and Charges included in the Rent
  • Fully Built-Out as a Restaurant or Café Space
  • Can be combined with additional space(s) for up to 1,055 SF of adjacent space
  • Central Air Conditioning
  • Private Restrooms
  • Secure Storage
  • Transfer of cocktail bar for €350,000.
  • Final license and capacity for 98 people.

1st Floor

Size 377 SF
Term Negotiable
Rental Rate $35.25 /SF/YR INCL
Space Use Retail
Condition Full Build-Out
Available 30 Days

Transfer of cocktail bar in the center of Madrid. Located in the heart of the city's most vibrant nightlife, where the lights never rest and the energy is palpable at every corner until dawn, this iconic space has been a must-visit for those seeking atmosphere, activity, and immediate profitability for years. The space features 98 m2 distributed over two well-utilized levels, with the main floor offering 63 m2 of open potential, while the upper floor adds 35 m2 of more intimate space, ideal for private areas, events, or creative expansion. The venue has a definitive bar-café license, a capacity for 98 people, staff dressing room, independent storage, and two restrooms. Everything is ready to continue operating without interruptions. Currently, it operates as an established cocktail bar with a regular clientele and a versatile schedule that combines morning calm (opening from 8:00 AM) with nighttime vitality until 2:00 AM. Its greatest advantage: it requires no renovations or additional investments, as it is already operational and generating profits. The owner, after many years at the helm, is retiring, leaving a thriving business in new hands.

  • Taxes and Charges included in the Rent
  • Fully Built-Out as a Restaurant or Café Space
  • Can be combined with additional space(s) for up to 1,055 SF of adjacent space
  • Central Air Conditioning
  • Private Restrooms
  • Secure Storage
  • Transfer of cocktail bar for €350,000.
  • Final license and capacity for 98 people.

PROPERTY FACTS

Total Space Available 1,055 SF
Property Type Multifamily
Property Subtype Apartment
Building Size 10,000 - 60,000 SF
Year Built 1900 - 1909

ABOUT THE PROPERTY

Residential property with 1,457 m2 built, distributed over six floors above ground, located in the heart of the capital. Situated in one of the most emblematic and bustling areas of Madrid, known for its vibrant atmosphere, tapas bars, and nonstop nightlife. It is a landmark for both locals and tourists seeking the authentic Madrid spirit.

NEARBY MAJOR RETAILERS

Lidl
Unicaja
Caixabank
Banco Sabadell
Five Guys
Mercadona
Carrefour Express
Crossfit
Starbucks
Hard Rock Cafe
  • Listing ID: 38772271

  • Date on Market: 12/15/2025

  • Last Updated:

  • Address: Centro, Madrid 28005

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