Your email has been sent.
Las Letras 1,776 SF Retail Condo Unit Offered at $1,054,370 in Centro, Madrid 28014
Some information has been automatically translated.
Investment Highlights
- Location in Barrio de las Letras – Centro District.
- Close to Paseo del Prado and main museums.
- Historic and established area with high heritage value.
- Excellent connection via Metro (Lines 1, 2, 3) and commuter trains.
Executive Summary
Residential building located in the heart of the Barrio de las Letras, within the Centro district. This is one of the most emblematic and established areas of the capital, characterized by residential buildings of traditional Madrid style, with rehabilitated properties and high heritage value. The environment is predominantly urban, with a wide range of services, local commerce, dining options, and cultural facilities, given its proximity to landmarks such as the Congress of Deputies, Paseo del Prado, and the art triangle (Prado Museum, Reina Sofía Museum, and Thyssen-Bornemisza Museum). The area combines residential use with cultural and tourist activity, maintaining strong housing demand. Regarding transportation, the property has excellent public transport connections. It is close to the Antón Martín (L1) and Sevilla (L2) Metro stations, as well as Sol (L1, L2, and L3) and the Madrid-Sol commuter train station. Additionally, there are multiple urban bus lines in the vicinity. Road connections are structured through the Gran Vía – Alcalá – Paseo del Prado axis, facilitating access to different parts of the city.
1 Unit Available
Unit IZ
| Unit Size | 1,776 SF | Condo Use | Retail |
| Price | $1,054,370 | Sale Type | Investment or Owner User |
| Price Per SF | $593.68 |
| Unit Size | 1,776 SF |
| Price | $1,054,370 |
| Price Per SF | $593.68 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
Description
The property offers 150 square meters of usable space, distributed across two levels. The ground floor features 95 square meters, with a spacious exhibition area and high ceilings that provide a sense of openness and character to the space. On this same floor, there is an office equipped with a freight elevator, an integrated restroom, and an additional storage area, facilitating daily operations and internal organization for the business.
The basement level adds 55 square meters, designed as a versatile space currently used as a work area and workshop. Its layout allows for adaptation to various uses, whether as a technical area, creative space, or support zone for the main activity. The property is equipped with natural gas heating, ensuring comfort and energy efficiency.
Sale Notes
Ref.: PR99559760
Commercial space for sale in the prestigious Barrio de las Letras, Madrid. Located on Calle León, right in the Cortes–Huertas axis, it is situated in an area of high cultural and commercial activity, with a constant flow of pedestrians and excellent potential for any business requiring visibility in one of the most distinctive areas of central Madrid.
The surrounding area is one of its main unique selling points. Barrio de las Letras combines tradition, cultural offerings, specialized shops, dining options, and a diverse audience, creating a dynamic and well-established environment. The excellent connection to the rest of the city center and the constant activity in the area enhance the property's appeal as an investment or as a business location.
+20 More
Interior
Interior
Interior
Interior
Interior
Interior
Interior
Interior
Interior
Interior
Interior
Interior
Interior
Interior
Interior
Interior
Interior
Interior
Interior
Interior
Interior
Interior
Interior
Interior
Interior
Property Facts
| Total Building Size | 10,000 - 60,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 5 |
| Property Subtype | Apartment | Year Built | 1890 - 1899 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 5 |
| Year Built | 1890 - 1899 |
Amenities
Site Amenities
- Public Transportation
Presented by
Las Letras
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.