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Calle del Príncipe de Vergara 1,442 SF Retail Condo Unit Offered at $1,269,592 in Chamartín, Madrid 28006
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Investment Highlights
- Prime location on a strategic avenue in Madrid.
- Smoke outlet and optimal configuration for hospitality activities.
- Consolidated restoration operator in full operation.
- Investment with immediate return and current contract.
Executive Summary
Residential building located in the Salamanca district, one of the most prestigious and highest-rated areas of Madrid. The environment stands out for its elegant architecture, tree-lined streets and excellent quality of life. The location has direct connections to key road axes such as Avenida de América, the M-30, Calle María de Molina and Paseo de la Castellana, providing quick access to different parts of the city. As for public transport, the area has several nearby Metro stations, especially lines 4, 6, 7 and 9, as well as numerous bus lines and proximity to the Avenida de América Interchange, one of the most important mobility nodes in Madrid. The area offers a wide range of services: supermarkets, banks, pharmacies, educational centers, private clinics, restaurants, boutiques and gyms, forming a comfortable, safe and very dynamic environment.
Property Facts
| Total Building Size | 10,000 - 60,000 SF | Floors | 5 |
| Property Type | Multifamily (Condo) | Year Built | 2000 - 2009 |
| Property Subtype | Apartment | Parking | Yes |
| Building Class | B |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 5 |
| Year Built | 2000 - 2009 |
| Parking | Yes |
Amenities
- Bus Line
Site Amenities
- Close to Public Transportation
- Elevator
1 Unit Available
Unit Puerta LA
| Unit Size | 1,442 SF | Condo Use | Retail |
| Price | $1,269,592 | Sale Type | Investment |
| Price Per SF | $880.44 |
| Unit Size | 1,442 SF |
| Price | $1,269,592 |
| Price Per SF | $880.44 |
| Condo Use | Retail |
| Sale Type | Investment |
Description
Commercial space of 134 m2 at street level with 116 m2 useful.
Sale Notes
This attractive commercial space located on Príncipe de Vergara represents an exceptional opportunity for investors seeking a consolidated asset in one of the most sought-after areas of Madrid. Situated at street level on a stretch with high pedestrian and vehicular traffic, the property stands out for its corner configuration, offering nearly 14 linear meters of frontage and large display windows that maximize visibility and enhance the commercial value of the asset.
The space has a built area of 134 square meters and 116 square meters of usable space, efficiently distributed for restaurant operations. Its license and the presence of an exhaust system provide a significant competitive advantage in a market where this type of asset is particularly scarce. Currently, the space is leased to a prominent restaurant operator, providing stability, recurring income, and a secure investment horizon. The gross yield of 4.80% enhances the financial appeal of the property, making it an ideal product for both conservative profiles and those focused on preserving capital in prime locations.
The Príncipe de Vergara area is characterized by its mixed-use fabric of residential, office, retail, and dining establishments, ensuring a constant flow of activity throughout the day. Additionally, it offers excellent connectivity via public transportation and a consolidated urban environment, factors that strengthen demand and ensure the sustainability of the tenant's business.
This asset combines strategic location, exceptional visibility, and a solid tenant, creating an investment opportunity that is difficult to replicate in the current market.
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Calle del Príncipe de Vergara
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