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Calle del Mesón de Paredes 710 SF Office/Retail Condo Unit Offered at $463,629 in Centro, Madrid 28012
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Investment Highlights
- Original industrial architecture with historical structural elements.
- Change of use to residential in process, excellent investment opportunity.
- Rehabilitated vaulted cave, ideal for premium or conceptual uses.
- Open space with natural light and contemporary finishes.
Executive Summary
Residential building with 5 floors in Lavapiés. Located in an area with good transportation links and all kinds of businesses and services nearby.
Property Facts
| Total Building Size | < 15,000 SF | Building Class | B |
| Property Type | Multifamily (Condo) | Floors | 5 |
| Property Subtype | Apartment | Year Built | 1900 - 1909 |
| Total Building Size | < 15,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 5 |
| Year Built | 1900 - 1909 |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- Public Transportation
1 Unit Available
Unit Puerta 02
| Unit Size | 710 SF | Condo Use | Office/Retail |
| Price | $463,629 | Sale Type | Investment or Owner User |
| Price Per SF | $653.00 |
| Unit Size | 710 SF |
| Price | $463,629 |
| Price Per SF | $653.00 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
Description
Commercial space with 66 m2 built and 57 m2 usable, with 44 m2 usable at street level and the remaining in the basement. It features a storefront measuring 1.22 m wide by 2.70 m high, and the facade has 4.5 linear meters.
Sale Notes
In the midst of the cultural vibrancy of Lavapiés/Embajadores, a truly unique opportunity presents itself: an impressive industrial loft-style space with a historic vaulted cave that combines character, design, and enormous potential for appreciation. Currently in the process of being converted into a residential property, this asset positions itself as a strategic investment in one of Madrid's most dynamic and trending neighborhoods.
The main space stands out for its New York-style aesthetic, featuring original exposed brick, natural wood beams, high ceilings with vaulting, and a wide facade that enhances presence and light. The street-level floor is completely open, bathed in natural light thanks to its tall storefront and equipped with motorized windows that provide efficiency and comfort. The already installed kitchen, durable wood flooring, and a renovated bathroom with modern finishes allow for immediate occupancy while its final project is defined.
On the lower level lies the property's gem: a fully restored historic vaulted cave, with integrated lighting and optimal climate conditions thanks to its mechanical ventilation and climate control system. This unique environment is ideal for creating a master suite, audiovisual room, private wine cellar, wellness area, or any high-value residential concept.
Located in an urban enclave with strong growth potential, surrounded by creative spaces, galleries, signature gastronomy, and excellent public transport connections, this property brings together the key ingredients for those seeking a unique piece with its own identity and superior appreciation potential.
An unrepeatable property for visionaries, investors, and lovers of spaces with soul.
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Presented by
Calle del Mesón de Paredes
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