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Investment Highlights

  • Surrounded by shops and a well-established neighborhood atmosphere.
  • Versatile space, suitable for multiple uses.
  • With exhaust vent.
  • Central area with high pedestrian traffic.

Executive Summary

Residential building located in the Centro district, in the area of the Noviciado neighborhood, one of the parts of Madrid with the strongest urban character and liveliness. It is a well-established area with a clear residential profile, combined with local retail and services geared toward everyday needs. Transport connections are excellent thanks to the nearby Noviciado metro station (Line 2) and the short distance to Tribunal (Lines 1 and 10) and Plaza de España (Lines 3 and 10), in addition to numerous city bus lines. The area connects easily with main roads such as San Bernardo, Gran Vía, and Alberto Aguilera, making it easy to get around both on foot and by public transport. In the immediate surroundings there are supermarkets, pharmacies, banks, schools, daycare centers, as well as the Palma Norte Health Center. There are also restaurants, cafés, small shops, and cultural venues, making the area a very attractive location for residential living in the city center.

1 Unit Available

Unit Puerta 01

Unit Size 1,334 SF
Price $564,905
Price Per SF $423.47
Condo Use Retail
Sale Type Investment or Owner User
Description

Retail space of 124 m² at street level in the Noviciado area.

Sale Notes

Excellent commercial space of 124 m² on a single floor, located in one of the most dynamic and sought-after areas in the center of Madrid, just a few steps from the Noviciado metro station.

Situated in a strategic location with high pedestrian traffic, surrounded by established businesses, restaurants, services, and a vibrant neighborhood atmosphere, ensuring great visibility and a constant flow of visitors.

The property stands out for its façade with two large windows, providing brightness and excellent commercial presence. Additionally, it features a smoke vent, a key feature that significantly expands business possibilities, especially for hospitality or restaurant ventures.

Its open-plan layout, entirely on one floor, offers great versatility, easily adapting to various types of commercial or professional activities.

A unique opportunity to establish your business in a central area, perfectly connected and with strong commercial potential.

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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 5
Year Built 1910 - 1919

Amenities

Site Amenities

  • Public Transportation
  • Private Bathroom
  • Listing ID: 40139662

  • Date on Market: 4/14/2026

  • Last Updated:

  • Address: Centro, Madrid 28015

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