Calle de Joaquín Lorenzo 2,152 SF Retail Condo Unit Offered at $582,669 in Fuencarral - El Pardo, Madrid 28035

Street-level commercial space with 200 square meters of usable area, previously set up as a bank branch.

Auction sale with upward bidding until May 21, 2026, at 6:00 PM.

Sale of a commercial property with profitability, exclusively aimed at buyers who are legal entities or self-employed professionals conducting their business activities. The property has an active lease agreement, and since it is currently occupied by the tenant, visits are not possible. For this reason, the transaction is not eligible for financing through a mortgage loan. The published images correspond to a state prior to the lease agreement and do not reflect the current condition.

The property is located on the ground floor of a residential building with eight above-ground floors in the Peñagrande neighborhood, within the Fuencarral-El Pardo district, in the northwest of Madrid. Peñagrande borders the neighborhoods of El Pilar, Fuentelarreina, Ciudad Universitaria, and Valdezarza, and is defined by major roads such as Avenida de la Ilustración, Avenida Ventisquero de la Condesa, Camino de Ganapanes, and streets like Valle de Mena or Valle de Pinares Llanos. It is one of the largest neighborhoods in the district, with a high number of residents and notable population density, which reinforces its urban and established character.