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1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 1
  • 1,593 SF
  • Retail
  • $1,246,912 ($782.74/SF)
  • -
Sale Type Investment or Owner User
Description
Commercial space with 148 m² built.
Sale Notes
Located in the heart of the prestigious Castellana-Orense neighborhood, within the Tetuán district, this 148 m² commercial space represents an excellent opportunity for both entrepreneurs and investors looking to establish themselves in one of Madrid's most active and established areas. The surroundings combine a high level of commercial activity with a strong presence of businesses and residential properties, ensuring visibility and appeal for a wide range of business types.

The property is equipped with key features essential for business operations, such as a smoke vent, air conditioning, and heating systems, significantly broadening the scope of possible uses. While it requires renovation, its layout allows for flexible adaptation to the needs of each project, whether for a restaurant, professional services, or specialized retail.

Its strategic location, combined with the potential for value appreciation through a tailored renovation, makes this property a particularly attractive option in the Madrid market. An investment with long-term potential in a highly sought-after area, well-connected, and surrounded by a fully established commercial environment.
Unit Unit Size Condo Use Price NOI
Unit 1 1,593 SF Retail $1,246,912 ($782.74/SF) -

Unit 1

Unit Size
1,593 SF
Condo Use
Retail
Price
$1,246,912 ($782.74/SF)
NOI
-

Unit 1

Unit Size 1,593 SF
Condo Use Retail
Price $1,246,912 ($782.74/SF)
NOI -
Sale Type Investment or Owner User
Description
Commercial space with 148 m&#178; built.</li></ul>
Sale Notes
Located in the heart of the prestigious Castellana-Orense neighborhood, within the Tetu&#225;n district, this 148 m&#178; commercial space represents an excellent opportunity for both entrepreneurs and investors looking to establish themselves in one of Madrid&#39;s most active and established areas. The surroundings combine a high level of commercial activity with a strong presence of businesses and residential properties, ensuring visibility and appeal for a wide range of business types.<br> <br> The property is equipped with key features essential for business operations, such as a smoke vent, air conditioning, and heating systems, significantly broadening the scope of possible uses. While it requires renovation, its layout allows for flexible adaptation to the needs of each project, whether for a restaurant, professional services, or specialized retail.<br> <br> Its strategic location, combined with the potential for value appreciation through a tailored renovation, makes this property a particularly attractive option in the Madrid market. An investment with long-term potential in a highly sought-after area, well-connected, and surrounded by a fully established commercial environment.</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
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 10
Year Built 1960 - 1969

Amenities

  • Bus Line

Site Amenities

  • Close to Public Transportation
  • Listing ID: 40399680

  • Date on Market: 5/5/2026

  • Last Updated:

  • Address: Tetuán, Madrid 28020

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