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Investment Highlights

  • Established residential area.
  • Just a few minutes from all services.

Executive Summary

Residential building with 7 above-ground floors, with upper-level apartments and retail units on the ground floor. The property was built in 1950.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 1
  • 904 SF
  • Retail
  • $544,537 ($602.36/SF)
  • -
Sale Type Investment or Owner User
Description
Retail space located on the ground floor of a residential building.

It has a built area of 84 m².
Sale Notes
Retail space located on the ground floor of a residential building. It is in a quiet, sought-after area just a few minutes from El Retiro Park, with all services nearby, good public transportation connections, and easy access from the M-30 ring road.

It has a built area of 84 m² and includes a private patio of approximately 10 m².

The space features an open-plan, very bright area, high ceilings with recessed lighting, windows facing both the street and the private patio, electric security shutter, security system, hot/cold air conditioning, and a restroom.

This is a commercial unit in very good condition, recently renovated, with the possibility of applying for a change of use to convert it into a residential dwelling.
Unit Unit Size Condo Use Price NOI
Unit 1 904 SF Retail $544,537 ($602.36/SF) -

Unit 1

Unit Size
904 SF
Condo Use
Retail
Price
$544,537 ($602.36/SF)
NOI
-

Unit 1

Unit Size 904 SF
Condo Use Retail
Price $544,537 ($602.36/SF)
NOI -
Sale Type Investment or Owner User
Description
Retail space located on the ground floor of a residential building.<br> <br> It has a built area of 84 m&#178;.</li></ul>
Sale Notes
Retail space located on the ground floor of a residential building. It is in a quiet, sought-after area just a few minutes from El Retiro Park, with all services nearby, good public transportation connections, and easy access from the M-30 ring road.<br> <br> It has a built area of 84 m&#178; and includes a private patio of approximately 10 m&#178;.<br> <br> The space features an open-plan, very bright area, high ceilings with recessed lighting, windows facing both the street and the private patio, electric security shutter, security system, hot/cold air conditioning, and a restroom.<br> <br> This is a commercial unit in very good condition, recently renovated, with the possibility of applying for a change of use to convert it into a residential dwelling.</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
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 7
Year Built 1950 - 1959

Amenities

Site Amenities

  • Elevator
  • Public Transportation
  • Listing ID: 40071385

  • Date on Market: 4/8/2026

  • Last Updated:

  • Address: Retiro, Madrid 28009

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