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Calle Aviador Zorita 11,818 SF Retail Condo Unit Offered at $4,608,349 in Tetuán, Madrid 28020

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Investment Highlights

High foot traffic.

Good public transportation connections.

Executive Summary

Residential building constructed in 1957. It has 8 floors above ground and one below ground, with apartments on the upper floors and commercial spaces on the ground floor.

Property Facts

Total Building Size	> 50,000 SF	Building Class	C
Property Type	Multifamily (Condo)	Floors	8
Property Subtype	Apartment	Year Built	1950 - 1959

Total Building Size	> 50,000 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Building Class	C
Floors	8
Year Built	1950 - 1959

Unit Amenities

Instant Hot Water

Site Amenities

Elevator

Public Transportation

1 Unit Available

Unit 1

Unit Size	11,818 SF	Condo Use	Retail
Price	$4,608,349	Sale Type	Investment or Owner User
Price Per SF	$389.94

Unit Size	11,818 SF
Price	$4,608,349
Price Per SF	$389.94
Condo Use	Retail
Sale Type	Investment or Owner User

Description

Commercial space with an area of 1,100 m2 distributed over two levels; ground floor of 127 m2 and basement of 971 m2.

Sale Notes

Unique commercial space designed by a world-renowned architect, with an area of approximately 1,100 m2 and two independent street entrances.

This is a space that is hard to find in Madrid today due to its current condition, ceiling height, size, visibility, and versatility.

The space currently operates as a cultural platform linked to art, demonstrating its ability to host complex and changing programs: exhibitions, meetings, conferences, specialized bookstore. Its facilities are prepared for large audiences.

The layout is spacious, flexible, and easily reconfigurable. It features a large open area, several rooms, an office, equipped kitchen, bathrooms, and storage areas. It allows for the installation of unconventional offices, an experiential showroom, a clinic or wellness center, a boutique gym, or a corporate headquarters that breaks away from the standard. It is a space designed for ambitious projects.

Located on Aviador Zorita Street, near General Perón, it is an area with excellent connectivity that, along with the Santiago Bernabéu Stadium and the Madrid Nuevo Norte project, has become a reference area in Madrid.