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Zona Argüelles 990 SF Retail Condo Unit Offered at $445,978 in Moncloa - Aravaca, Madrid 28008
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Investment Highlights
- 6-meter storefront on a busy and central street in Madrid.
- Direct access from the street and interior entry to the building for convenient deliveries.
- Excellent connectivity with the metro, Príncipe Pío station, and quick access to the M-30 and M-40.
- Distribution on two levels: open-plan main floor and functional basement for storage or auxiliary uses.
- Versatile space suitable for various commercial activities or conversion into residential use.
- Area with shopping centers, theaters, museums, parks, schools, and hospitals.
Executive Summary
Residential building with ground-floor retail spaces located in the Argüelles neighborhood of Madrid, near Plaza de España, the Príncipe Pío transport hub, and Gran Vía. The area offers access via metro, train, and several bus lines, as well as quick connections to the M-30 and M-40 highways. Nearby points of interest include the El Corte Inglés Princesa shopping center, theaters, museums, and green spaces such as Parque del Oeste and the Temple of Debod.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Commercial space of 92 square meters built according to the land registry and approximately 77 square meters of usable space distributed across two floors, with 55 square meters on the ground floor and 22 square meters in the basement.
Sale Notes
This versatile commercial space offers 92 square meters of built area distributed across two floors on one of the most iconic and bustling streets in Madrid. The main floor, at street level, features an open-plan design with 55 square meters of usable space and a 6-meter linear storefront, providing maximum visibility for any type of business. The space includes a bathroom and direct internal access to the building's entrance, making loading and unloading convenient.
The lower floor offers an additional 22 square meters of usable space for functional purposes such as storage, archiving, or auxiliary work areas. With high ceilings and an adaptable layout, the property allows for multiple customization options for commercial activities such as retail stores, professional offices, service businesses, studios, or academies.
Its prime location near Plaza de España, Príncipe Pío station, and Gran Vía ensures excellent connectivity and high foot traffic. Surrounded by shops, cultural landmarks, theaters, and green spaces, this property is appealing to both entrepreneurs and investors. Additionally, there is the possibility of converting its use to residential, increasing the value and flexibility of the investment.
The lower floor offers an additional 22 square meters of usable space for functional purposes such as storage, archiving, or auxiliary work areas. With high ceilings and an adaptable layout, the property allows for multiple customization options for commercial activities such as retail stores, professional offices, service businesses, studios, or academies.
Its prime location near Plaza de España, Príncipe Pío station, and Gran Vía ensures excellent connectivity and high foot traffic. Surrounded by shops, cultural landmarks, theaters, and green spaces, this property is appealing to both entrepreneurs and investors. Additionally, there is the possibility of converting its use to residential, increasing the value and flexibility of the investment.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Puerta DR, Esc. 1 | 990 SF | Retail | $445,978 ($450.48/SF) | - |
Unit Puerta DR, Esc. 1
| Unit Size |
| 990 SF |
| Condo Use |
| Retail |
| Price |
| $445,978 ($450.48/SF) |
| NOI |
| - |
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Unit Puerta DR, Esc. 1
| Unit Size | 990 SF |
| Condo Use | Retail |
| Price | $445,978 ($450.48/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Commercial space of 92 square meters built according to the land registry and approximately 77 square meters of usable space distributed across two floors, with 55 square meters on the ground floor and 22 square meters in the basement.</li></ul> | |
| Sale Notes | |
| This versatile commercial space offers 92 square meters of built area distributed across two floors on one of the most iconic and bustling streets in Madrid. The main floor, at street level, features an open-plan design with 55 square meters of usable space and a 6-meter linear storefront, providing maximum visibility for any type of business. The space includes a bathroom and direct internal access to the building's entrance, making loading and unloading convenient.<br> <br> The lower floor offers an additional 22 square meters of usable space for functional purposes such as storage, archiving, or auxiliary work areas. With high ceilings and an adaptable layout, the property allows for multiple customization options for commercial activities such as retail stores, professional offices, service businesses, studios, or academies.<br> <br> Its prime location near Plaza de España, Príncipe Pío station, and Gran Vía ensures excellent connectivity and high foot traffic. Surrounded by shops, cultural landmarks, theaters, and green spaces, this property is appealing to both entrepreneurs and investors. Additionally, there is the possibility of converting its use to residential, increasing the value and flexibility of the investment.</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 | > 50,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 7 |
| Property Subtype | Apartment | Year Built | 1920 - 1929 |
| Total Building Size | > 50,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 7 |
| Year Built | 1920 - 1929 |
Amenities
Site Amenities
- Doorman
- Elevator
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CPM Inmobiliaria Internacional
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Matterport 3D Exterior
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Street
Map
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Zona Argüelles
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