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Calle Juanelo 505 SF Retail Condo Unit Offered at $202,095 in Centro, Madrid 28012

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Investment Highlights

Ground floor premises.
All services in the area.

Good public transportation access.
In a consolidated residential area.

Executive Summary

Residential building with a total area of 1,671 m2, distributed over 5 above-ground floors. It is well connected by public transportation, with several urban 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	1940 - 1949

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	1940 - 1949

Unit Amenities

Storage Space

High Speed Internet Access

Instant Hot Water

Smoke Free

Site Amenities

24 Hour Access

Public Transportation

1 Unit Available

Unit Size	505 SF	Condo Use	Retail
Price	$202,095	Sale Type	Owner User
Price Per SF	$400.19

Unit Size	505 SF
Price	$202,095
Price Per SF	$400.19
Condo Use	Retail
Sale Type	Owner User

Description

Commercial space of 47 m2 with a 3.50-meter frontage.

Sale Notes

Commercial space of approximately 47 square meters located on the iconic Juanelo Street, right in the heart of historic Madrid. The property features a 3.50-meter linear facade with a display window, providing excellent street-level visibility, and ceilings 2.85 meters high that offer a pleasant sense of spaciousness. It is situated in a building constructed in 1940 and has dual access, both from the street and from the building's entrance, facilitating business operations and entry.

The space is located in a vibrant area with a lively commercial atmosphere, surrounded by essential services and traditional shops that add character and appeal to the surroundings. Just a few meters from the Rastro de Madrid, Plaza de Cascorro, and Teatro La Latina, it enjoys a privileged location within one of the city's most dynamic and bustling areas. Excellent connectivity through nearby metro and Renfe stations ensures a constant flow of pedestrians and visitors. This is a second-hand space, in need of renovation, distributed into two rooms and developed on a single floor, ideal for commercial activity, storage, or other compatible uses, offering a magnificent opportunity to establish a project in one of Madrid's most promising areas.