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Investment Highlights

  • Established residential area.
  • Good public transportation connections.

Executive Summary

Residential building with 6 above-ground floors, featuring upper-level apartments and commercial premises or offices.

Property Facts

Total Building Size > 50,000 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 6
Year Built 1900 - 1909
Tenancy Single

Amenities

Unit Amenities

  • Instant Hot Water

1 Unit Available

Unit 1

Unit Size 3,831 SF
Price $2,058,605
Price Per SF $537.35
Condo Use Office/Retail
Sale Type Investment or Owner User
Description

Office located on the first floor of a building on Espoz y Mina Street, next to Puerta del Sol.

It has a total built area of 356 m² and a usable area of 309 m².

Sale Notes

Office located on the first floor of a building on Espoz y Mina Street, right next to Puerta del Sol, in one of the best commercial and busiest areas of Madrid.

It is on the first floor of an older building, partially refurbished (especially the structure) and with an elevator, but it does not have disabled access, as there are a few steps up to the entrance of the property.

It has a built area of 356 m² and a usable area of 309 m².

Its current condition is in need of renovation. At present it is an open-plan space with various partitions. It has 5 window openings facing Espoz y Mina Street with unobstructed views, 2 windows facing an interior ventilation courtyard (no natural light), and another 4 windows facing a light well.

There is a preliminary plan to create 4 mid-term rental apartments; however, licenses must be confirmed with the city council based on the specific project to be carried out.

It is ideal for attempting a change of use. It is currently classified as an office and is also recorded as a commercial unit in the property registry, with leisure and hospitality use listed in the land registry.

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  • Listing ID: 40128440

  • Date on Market: 4/13/2026

  • Last Updated:

  • Address: Centro, Madrid 28012

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