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Justicia - Chueca 893 SF Retail Condo Unit Offered at $2,848,732 in Centro, Madrid 28013

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Investment Highlights

  • Proximity to iconic squares such as Plaza de España and Callao.
  • Excellent connection via Metro (L1, L3, L5, L10, and Gran Vía) and city buses.

Executive Summary

Residential building located in the heart of Madrid's historic center, within the Centro district, one of the city's most emblematic and dynamic urban areas. The area combines residential activity with a high level of commerce, dining, leisure, and cultural services, making it highly attractive for both residents and visitors. The surroundings offer complete amenities, including schools, health centers, local shops, theaters, cinemas, museums, and cultural spaces, as well as renowned hospitality and dining services. Its proximity to iconic squares like Plaza de España and Callao, as well as commercial areas like Gran Vía and Preciados, provides immediate access to leisure, culture, and shopping. Regarding transportation, the property boasts excellent connectivity via Metro (Lines 1, 3, 5, 10, and Gran Vía) and numerous urban bus lines that allow for quick travel within the center and to the rest of Madrid. The road network also offers easy access to the M-30, connecting with the main routes of the capital and Adolfo Suárez Madrid-Barajas Airport.

Property Facts

Total Building Size 10,000 - 60,000 SF
Property Type Multifamily (Condo)
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Building Class B
Floors 9
Year Built 1910 - 1919

Amenities

Unit Amenities

  • Heating
  • Instant Hot Water
  • Intercom

Site Amenities

  • Concierge
  • Storage Space
  • Elevator
  • Public Transportation

1 Unit Available

Unit Size 893 SF
Price $2,848,732
Price Per SF $3,190.07
Condo Use Retail
Sale Type Investment
Cap Rate 4.00%
NOI $113,949.29
Description

The premises have a total area of 82.8 m2, distributed between the ground floor and commercial basement, which allows for excellent space utilization and ensures high visibility in a strategic location.

Sale Notes

Ref.: EXP09344
Unique opportunity to invest in a commercial property with profitability, located in the exclusive Justicia neighborhood, one of the most sought-after areas for real estate investment.
Profitability: 4%.

  • Listing ID: 39428174

  • Date on Market: 2/13/2026

  • Last Updated:

  • Address: Centro, Madrid 28013

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