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Investment Highlights

  • Located next to Paseo del Prado.
  • Two independent properties.
  • No loading and unloading permitted.
  • Current business license.
  • Favorable Technical Inspection Certificate.
  • Consolidated central area.

Executive Summary

Residential property located in a consolidated urban area within the Centro district, with predominant residential use and the presence of historic and institutional buildings. The immediate surroundings include significant urban and cultural spaces such as Retiro Park, Paseo del Prado, and the museum axis formed by the Prado National Museum, the Reina Sofía National Art Center Museum, and the Thyssen-Bornemisza Museum. Nearby landmarks also include the Puerta de Alcalá, the Palacio de Cibeles, and Plaza de la Independencia, as well as various administrative and cultural facilities. The area offers access to public transportation through Banco de España (line 2) and Retiro (line 2) metro stations, as well as the Atocha hub with several metro lines and Renfe commuter train services. It is served by multiple EMT bus lines connecting to different parts of the city. Private transportation access is available via major roads such as Paseo del Prado, Calle de Alcalá, and connections to the M-30, as well as links to the A-3 and other main highways.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 01
  • 5,468 SF
  • Retail
  • $2,280,190 ($417.01/SF)
  • -
Sale Type Investment or Owner User
Description
Premises of 508 m2 on 2 floors.
Sale Notes
Commercial space located in the center of Madrid, near Paseo del Prado, within the city's institutional and cultural hub. This is a versatile property with the potential to accommodate various urban activities.

It has a commercial use license.

The surrounding area is characterized by established heritage protection.

The immediate vicinity corresponds to Madrid's urban center, close to Paseo del Prado and significant institutional and cultural areas within the city.
Unit Unit Size Condo Use Price NOI
Unit 01 5,468 SF Retail $2,280,190 ($417.01/SF) -

Unit 01

Unit Size
5,468 SF
Condo Use
Retail
Price
$2,280,190 ($417.01/SF)
NOI
-

Unit 01

Unit Size 5,468 SF
Condo Use Retail
Price $2,280,190 ($417.01/SF)
NOI -
Sale Type Investment or Owner User
Description
Premises of 508 m2 on 2 floors.</li></ul>
Sale Notes
Commercial space located in the center of Madrid, near Paseo del Prado, within the city&#39;s institutional and cultural hub. This is a versatile property with the potential to accommodate various urban activities.<br> <br> It has a commercial use license.<br> <br> The surrounding area is characterized by established heritage protection.<br> <br> The immediate vicinity corresponds to Madrid&#39;s urban center, close to Paseo del Prado and significant institutional and cultural areas within 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 > 50,000 SF
Property Type Multifamily (Condo)
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Building Class C
Floors 9
Year Built 1970 - 1979

Amenities

Site Amenities

  • Close to Public Transportation
  • Elevator
  • Listing ID: 40950444

  • Date on Market: 6/17/2026

  • Last Updated:

  • Address: Retiro, Madrid 28014

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