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Retiro - Ibiza 990 SF Retail Condo Unit Offered at $2,056,086 in Retiro, Madrid 28009

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INVESTMENT HIGHLIGHTS

  • Location in a well-established residential area of the Ibiza neighborhood, Retiro district.
  • Wide range of commercial and dining options on Narváez, Ibiza, and Doctor Esquerdo streets.
  • Proximity to key healthcare facilities such as the Gregorio Marañón General University Hospital and the Niño Jesús Children's University Hospital.
  • Metro Ibiza (Line 9) and O'Donnell (Line 6), as well as EMT bus lines 2, 20, 26, 28, 63, and N6.

EXECUTIVE SUMMARY

Residential building located in the Retiro district, in the Ibiza neighborhood. It is a well-established urban area with a strong residential character, featuring local commerce, public facilities, and high urban quality. The location boasts excellent road connections, with easy access to Calle O’Donnell, Avenida del Mediterráneo, and the M-30, facilitating connections to the center of Madrid and other city districts. In terms of public transportation, the property is close to metro stations and urban bus stops, ensuring smooth mobility. The surrounding area offers comprehensive local services, including educational centers, renowned healthcare facilities, green spaces, and a wide range of shopping and dining options.

PROPERTY FACTS

Total Building Size > 50,000 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 8
Year Built 1930 - 1939

AMENITIES

UNIT AMENITIES

  • Heating
  • Instant Hot Water

SITE AMENITIES

  • Storage Space
  • Public Transportation

1 UNIT AVAILABLE

Unit -

Unit Size 990 SF
Price $2,056,086
Price Per SF $2,076.85
Condo Use Retail
Sale Type Investment or Owner User
DESCRIPTION

Premises with a total area of 92 m2 on the ground floor, also featuring a 20 m2 terrace area.

SALE NOTES

Ref.: AR03387
Commercial space located in the Retiro district of Madrid, in a well-established area known for its hospitality, with high pedestrian and vehicular traffic.

The space is entirely on the ground floor and has a built area of 92 m2. It is a bright area, currently arranged as a bar and dining area, suitable for restaurant activities. Additionally, it features a terrace with an approximate area of 20 m2, which enhances the capacity and appeal of the establishment.

The location is characterized by its active urban environment, in a prestigious neighborhood with high commercial and hospitality demand.

  • Listing ID: 38991390

  • Date on Market: 1/7/2026

  • Last Updated:

  • Address: Retiro, Madrid 28009

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