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Investment Highlights

  • Facade facing two streets.
  • Near Génova Street.
  • All services in the area.
  • Good public transportation access.

Executive Summary

Residential building with a total area of 2,244 m², distributed across 6 above-ground floors. It is well-connected by public transportation, with several urban bus lines and a metro station nearby.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit Ext.
  • 1,905 SF
  • Office
  • $2,247,942 ($1,180.02/SF)
  • -
Sale Type Investment or Owner User
Description
A total area of 177 m2.
Sale Notes
Ground floor located in a classic-style building, situated on one of the most iconic streets in the Justicia neighborhood, just a few steps from Plaza de las Salesas. The property is currently designated for professional office use, but it is compatible with conversion to residential use in accordance with applicable regulations.

The space is exterior-facing and features two balconies overlooking the street, providing significant natural light. The property has previously been used for cultural and editorial purposes, resulting in a space with a unique layout and distinctive character.

In its current state, the ground floor includes an independent meeting room, three open work areas, a small kitchen without an exhaust system, and a restroom. The layout is functional and suitable for professional activities or a future reorganization of the space.

The immediate surroundings are characterized by high urban activity, with a variety of shops, restaurants, and services in one of Madrid's most established central areas.
Unit Unit Size Condo Use Price NOI
Unit Ext. 1,905 SF Office $2,247,942 ($1,180.02/SF) -

Unit Ext.

Unit Size
1,905 SF
Condo Use
Office
Price
$2,247,942 ($1,180.02/SF)
NOI
-

Unit Ext.

Unit Size 1,905 SF
Condo Use Office
Price $2,247,942 ($1,180.02/SF)
NOI -
Sale Type Investment or Owner User
Description
A total area of 177 m2.</li></ul>
Sale Notes
Ground floor located in a classic-style building, situated on one of the most iconic streets in the Justicia neighborhood, just a few steps from Plaza de las Salesas. The property is currently designated for professional office use, but it is compatible with conversion to residential use in accordance with applicable regulations.<br> <br> The space is exterior-facing and features two balconies overlooking the street, providing significant natural light. The property has previously been used for cultural and editorial purposes, resulting in a space with a unique layout and distinctive character.<br> <br> In its current state, the ground floor includes an independent meeting room, three open work areas, a small kitchen without an exhaust system, and a restroom. The layout is functional and suitable for professional activities or a future reorganization of the space.<br> <br> The immediate surroundings are characterized by high urban activity, with a variety of shops, restaurants, and services in one of Madrid&#39;s most established central areas.</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 6
Year Built 1900 - 1909

Amenities

Site Amenities

  • 24 Hour Access
  • Wi-Fi
  • Community-Wide WiFi
  • Listing ID: 40188809

  • Date on Market: 4/17/2026

  • Last Updated:

  • Address: Centro, Madrid 28004

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