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Investment Highlights

  • Good location.
  • Just minutes away from all services.

Executive Summary

Residential building with 7 floors above ground, with high-rise housing and commercial premises on the street level.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 1
  • 3,121 SF
  • Retail
  • $2,052,598 ($657.67/SF)
  • -
Sale Type Investment or Owner User
Description
Commercial space with an area of 290 m2 distributed over two levels: ground floor and semi-basement.
Sale Notes
Located in Madrid's sought-after Justicia district, this two-story property offers 290 m² of versatile space, ideal for hospitality projects or retail businesses.

The semi-basement floor, spanning 205 m², features direct street access, acoustic conditioning, and two bathrooms, creating a functional and comfortable environment for customers. Its layout includes several rooms and an interior patio that adds character and flexibility to the space.

The ground floor, approximately 80 m², stands out with its ceiling height of over five meters, providing a sense of spaciousness and brightness, perfect for customer-facing areas or creative concepts.

The property comes with a joint activity license for a bar with extended hours until late at night, adding significant value for nightlife business models.

Amenities include a storage area, climate control systems, and smoke extraction, optimizing daily operations.

Its strategic location is in one of Madrid's most in-demand areas, surrounded by leisure, gastronomy, tourism, and vibrant urban life.

This is an exceptional opportunity to acquire a fully equipped space with a license in the heart of the capital.
Unit Unit Size Condo Use Price NOI
Unit 1 3,121 SF Retail $2,052,598 ($657.67/SF) -

Unit 1

Unit Size
3,121 SF
Condo Use
Retail
Price
$2,052,598 ($657.67/SF)
NOI
-

Unit 1

Unit Size 3,121 SF
Condo Use Retail
Price $2,052,598 ($657.67/SF)
NOI -
Sale Type Investment or Owner User
Description
Commercial space with an area of 290 m2 distributed over two levels: ground floor and semi-basement.</li></ul>
Sale Notes
Located in Madrid&#39;s sought-after Justicia district, this two-story property offers 290 m&#178; of versatile space, ideal for hospitality projects or retail businesses.<br> <br> The semi-basement floor, spanning 205 m&#178;, features direct street access, acoustic conditioning, and two bathrooms, creating a functional and comfortable environment for customers. Its layout includes several rooms and an interior patio that adds character and flexibility to the space.<br> <br> The ground floor, approximately 80 m&#178;, stands out with its ceiling height of over five meters, providing a sense of spaciousness and brightness, perfect for customer-facing areas or creative concepts.<br> <br> The property comes with a joint activity license for a bar with extended hours until late at night, adding significant value for nightlife business models.<br> <br> Amenities include a storage area, climate control systems, and smoke extraction, optimizing daily operations.<br> <br> Its strategic location is in one of Madrid&#39;s most in-demand areas, surrounded by leisure, gastronomy, tourism, and vibrant urban life.<br> <br> This is an exceptional opportunity to acquire a fully equipped space with a license in the heart of the capital.</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 1900 - 1909

Amenities

Site Amenities

  • Elevator
  • Listing ID: 40173046

  • Date on Market: 4/16/2026

  • Last Updated:

  • Address: Centro, Madrid 28004

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