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Investment Highlights

  • Ground-floor retail spaces.
  • All services in the area.
  • In a well-established residential area.
  • Near the Plaza de Oriente.

Executive Summary

Residential building with a total area of 2,352 m², consisting of 7 floors above ground. It is well-connected by public transportation, with access to several urban and intercity bus lines.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit undefined
  • 818 SF
  • Office
  • $202,001 ($246.95/SF)
  • -
Sale Type Investment or Owner User
Description
Office with a total area of 76 m².
Sale Notes
Office or professional workspace located in Madrid's Centro District, in the Palacio neighborhood, just a short distance from the Royal Palace, Plaza de Ópera, and Plaza de Oriente. The property is situated in a historic building constructed in 1888, within an urban area of high heritage value and continuous activity.

The space features a rectangular layout and is divided into two main rooms, along with a full bathroom with a shower and a fully equipped kitchen, suitable as a break area. The overall condition of the property is in need of renovation, preserving original elements such as exposed brick walls and arches, characteristic of Madrid's traditional catacombs.

The approximate layout includes a main room of about 20 m², a second room of around 15 m², a spacious bathroom, and an independent kitchen, allowing the space to be configured as an office, private workspace, or storage area, depending on usage needs.

The location offers excellent transportation connections, with the Ópera Metro station (lines 2, 5, and the Ópera–Príncipe Pío branch) just minutes away, Puerta del Sol about a 5-minute walk with access to Metro and commuter trains, and numerous bus lines in the vicinity. The area is characterized by a strong presence of retail, offices, hospitality, and services, making it a functional and strategic location within the central core of the city.
Unit Unit Size Condo Use Price NOI
Unit undefined 818 SF Office $202,001 ($246.95/SF) -

Unit undefined

Unit Size
818 SF
Condo Use
Office
Price
$202,001 ($246.95/SF)
NOI
-

Unit undefined

Unit Size 818 SF
Condo Use Office
Price $202,001 ($246.95/SF)
NOI -
Sale Type Investment or Owner User
Description
Office with a total area of 76 m&#178;.</li></ul>
Sale Notes
Office or professional workspace located in Madrid&#39;s Centro District, in the Palacio neighborhood, just a short distance from the Royal Palace, Plaza de &#211;pera, and Plaza de Oriente. The property is situated in a historic building constructed in 1888, within an urban area of high heritage value and continuous activity.<br> <br> The space features a rectangular layout and is divided into two main rooms, along with a full bathroom with a shower and a fully equipped kitchen, suitable as a break area. The overall condition of the property is in need of renovation, preserving original elements such as exposed brick walls and arches, characteristic of Madrid&#39;s traditional catacombs.<br> <br> The approximate layout includes a main room of about 20 m&#178;, a second room of around 15 m&#178;, a spacious bathroom, and an independent kitchen, allowing the space to be configured as an office, private workspace, or storage area, depending on usage needs.<br> <br> The location offers excellent transportation connections, with the &#211;pera Metro station (lines 2, 5, and the &#211;pera–Pr&#237;ncipe P&#237;o branch) just minutes away, Puerta del Sol about a 5-minute walk with access to Metro and commuter trains, and numerous bus lines in the vicinity. The area is characterized by a strong presence of retail, offices, hospitality, and services, making it a functional and strategic location within the central core of the city.</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
  • General Retail Storefront Retail/Residential
Building Class C
Floors 7
Year Built 1880 - 1889

Amenities

Site Amenities

  • 24 Hour Access
  • Close to Public Transportation
  • Wi-Fi
  • Community-Wide WiFi
  • Public Transportation
  • Listing ID: 40438571

  • Date on Market: 5/7/2026

  • Last Updated:

  • Address: Centro, Madrid 28013

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