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Zona Malasaña-Universidad 1,237 SF Retail Condo Unit Offered at $522,634 in Centro, Madrid 28004

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INVESTMENT HIGHLIGHTS

Facade facing two streets.
In a consolidated residential and commercial area.

Good transportation access.
All necessary services in the area.

EXECUTIVE SUMMARY

Residential building with a total area of 1,140 m2, distributed over 5 above-ground floors. It is well-connected by public transportation, with several urban and interurban bus lines and a metro station nearby.

PROPERTY FACTS

Total Building Size	10,000 - 60,000 SF	Building Class	C
Property Type	Multifamily (Condo)	Floors	5
Property Subtype	Apartment General Retail Storefront Retail/Residential	Year Built	1900 - 1909

Total Building Size	10,000 - 60,000 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment General Retail Storefront Retail/Residential
Building Class	C
Floors	5
Year Built	1900 - 1909

UNIT AMENITIES

Storage Space
High Speed Internet Access

Wi-Fi

Instant Hot Water

Smoke Free

SITE AMENITIES

24 Hour Access

Wi-Fi

Community-Wide WiFi

Private Bathroom

1 UNIT AVAILABLE

Unit Puerta IZ, Esc. 1

Unit Size	1,237 SF	Condo Use	Retail
Price	$522,634	Sale Type	Investment or Owner User
Price Per SF	$422.50

Unit Size	1,237 SF
Price	$522,634
Price Per SF	$422.50
Condo Use	Retail
Sale Type	Investment or Owner User

DESCRIPTION

Commercial space with an area of 115 m2 distributed over two levels.

SALE NOTES

It has a surface area of 115 m2 built, distributed over two main floors: street level and basement. This layout offers different adaptable spaces, including a commercial area, storage, office, and bathrooms, allowing for a high degree of customization depending on the activity to be developed.

It is located in a prime spot next to the iconic Plaza de San Ildefonso, in one of the neighborhoods with the greatest growth and potential in the capital, established as an area of great commercial and cultural dynamism. This is an exceptional opportunity to establish any type of business, whether commercial, gastronomic, service-oriented, or creative.

The property is at street level, ensuring maximum visibility and a constant flow of passersby, making it an ideal option for both investors and entrepreneurs looking for a versatile and functional space. Its strategic location allows for maximum advantage of the neighborhood's prominence and the influx of visitors and residents.

The facade is 6.5 meters, offering excellent visibility and an attractive display for customers. It has an exhaust system with installation approved by the community, although the last business was not a restaurant or hospitality activity, so it can be easily adapted to such businesses.

This property represents a safe and profitable investment, thanks to its strategic location, functionality, and great versatility, allowing for the development of businesses in various sectors with high potential for success. The combination of its facade, layout, and proximity to one of the city's busiest squares makes it an asset with high demand and future projection.