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Calle de Bastero 581 SF Retail Condo Unit Offered at $284,434 in Centro, Madrid 28005

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INVESTMENT HIGHLIGHTS

  • Commercial space on the ground floor.
  • All services in the area.
  • Good public transportation access.
  • In the heart of Madrid.

EXECUTIVE SUMMARY

Residential building with a commercial space on the ground floor and a total area of 525 m2, distributed over 5 above-ground floors. It is well connected by public transportation, thanks to several urban bus lines and a metro station.

PROPERTY FACTS

Total Building Size < 15,000 SF
Property Type Multifamily (Condo)
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Building Class C
Floors 5
Year Built 1900 - 1909

AMENITIES

UNIT AMENITIES

  • Wi-Fi
  • Instant Hot Water
  • Smoke Free

SITE AMENITIES

  • 24 Hour Access
  • Community-Wide WiFi
  • Public Transportation

1 UNIT AVAILABLE

Unit Size 581 SF
Price $284,434
Price Per SF $489.56
Condo Use Retail
Sale Type Investment or Owner User
DESCRIPTION

Commercial space of 54 m2 that can be used as a residence.

SALE NOTES

Renovated commercial space that combines a minimalist design with high-quality materials and careful execution, while maintaining classic elements of the architectural environment. The result is a modern and functional space that preserves the original character of the building.

The layout consists of a living room with an integrated kitchen, two bedrooms, and a bathroom. The ceilings, with a height of 3.39 meters, provide a notable sense of spaciousness. The large wooden windows retain the traditional aesthetic, allowing natural light to enter and balancing the contemporary with the original.

The renovation has been carried out with a high level of quality and includes solid doors, wood-look porcelain floors, and smooth paint. The property is delivered fully equipped, allowing for immediate use. The living room features a 50” LED TV, sofa bed, and dining table, creating a functional and well-proportioned space. The master bedroom includes a double bed, nightstands, and an open walk-in closet. The secondary bedroom has a 90 cm bed and a study table, suitable for use as an office, auxiliary bedroom, or multipurpose room.

The American-style kitchen, approximately 4 linear meters, is equipped with furniture in Cambrian oak and black finish, and includes appliances such as a washing machine, refrigerator, microwave, induction cooktop, and extractor hood. The bathroom features a large shower with an overhead showerhead, quality screen, and a toilet with a bidet shower function.

The commercial space is well-connected by several EMT bus lines and Metro stations located just a few minutes away, facilitating access to different parts of the city. Its location allows walking access to areas such as La Latina, Plaza Mayor, Puerta del Sol, or El Rastro, as well as cultural facilities like the San Isidro Museum or the Casa del Reloj Cultural Center. In the immediate vicinity, there are educational centers, shopping areas, traditional markets, and all the necessary services for daily life.

  • Listing ID: 39011164

  • Date on Market: 1/8/2026

  • Last Updated:

  • Address: Centro, Madrid 28005

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