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Distrito Centro 1,399 SF Retail Condo Unit Offered at $547,891 in Centro, Madrid 28004
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Investment Highlights
- Excellent location in the heart of the Malasaña neighborhood.
- Dynamic and busy area.
Executive Summary
Residential property with 1,438 m2 built, distributed over five above-ground floors, located in the heart of Madrid. Situated in the very center of Malasaña, surrounded by shops, bars, and constant pedestrian traffic. A central and vibrant location, ideal for businesses with high visibility and direct connection to the rest of Madrid.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
The premises have a built area of 132 m², distributed as 94 m² on the ground floor and 34 m² in the basement. It also features dual access and has a 5-meter linear façade.
Sale Notes
Exceptional opportunity to acquire a commercial space in the heart of Malasaña, one of the most dynamic and sought-after neighborhoods in central Madrid, with high pedestrian traffic and commercial activity throughout the day.
The property boasts 132 square meters of built space, efficiently distributed for versatile use: 94 square meters on the ground floor with excellent visibility, 34 square meters in the basement for storage or business support, and 2 square meters of common areas. It features dual access (street and building entrance), a 5-meter facade with a storefront, 24-hour alarm system, a bathroom on the ground floor, and the possibility of installing a smoke vent, making it suitable for various types of businesses.
Its location is unbeatable, just a 2-minute walk from Noviciado metro station, in an area with constant pedestrian traffic and strong commercial appeal. Perfect for establishing your business or as an investment in one of Madrid's most promising areas.
The property boasts 132 square meters of built space, efficiently distributed for versatile use: 94 square meters on the ground floor with excellent visibility, 34 square meters in the basement for storage or business support, and 2 square meters of common areas. It features dual access (street and building entrance), a 5-meter facade with a storefront, 24-hour alarm system, a bathroom on the ground floor, and the possibility of installing a smoke vent, making it suitable for various types of businesses.
Its location is unbeatable, just a 2-minute walk from Noviciado metro station, in an area with constant pedestrian traffic and strong commercial appeal. Perfect for establishing your business or as an investment in one of Madrid's most promising areas.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit EIZ | 1,399 SF | Retail | $547,891 ($391.63/SF) | - |
Unit EIZ
| Unit Size |
| 1,399 SF |
| Condo Use |
| Retail |
| Price |
| $547,891 ($391.63/SF) |
| NOI |
| - |
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Unit EIZ
| Unit Size | 1,399 SF |
| Condo Use | Retail |
| Price | $547,891 ($391.63/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| The premises have a built area of 132 m², distributed as 94 m² on the ground floor and 34 m² in the basement. It also features dual access and has a 5-meter linear façade.</li></ul> | |
| Sale Notes | |
| Exceptional opportunity to acquire a commercial space in the heart of Malasaña, one of the most dynamic and sought-after neighborhoods in central Madrid, with high pedestrian traffic and commercial activity throughout the day.<br> <br> The property boasts 132 square meters of built space, efficiently distributed for versatile use: 94 square meters on the ground floor with excellent visibility, 34 square meters in the basement for storage or business support, and 2 square meters of common areas. It features dual access (street and building entrance), a 5-meter facade with a storefront, 24-hour alarm system, a bathroom on the ground floor, and the possibility of installing a smoke vent, making it suitable for various types of businesses.<br> <br> Its location is unbeatable, just a 2-minute walk from Noviciado metro station, in an area with constant pedestrian traffic and strong commercial appeal. Perfect for establishing your business or as an investment in one of Madrid's most promising areas.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 10,000 - 60,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 5 |
| Property Subtype | Apartment | Year Built | 1900 - 1909 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 5 |
| Year Built | 1900 - 1909 |
Amenities
Site Amenities
- Close to Public Transportation
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Distrito Centro
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