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Investment Highlights

  • Premises on the ground floor.
  • All services in the area.
  • In a consolidated residential area.
  • Good communication by public transport.

Executive Summary

Residential building with a total area of 1,962 m², distributed across 4 above-ground floors. 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 IZ
  • 1,851 SF
  • Retail
  • $853,446 ($461.07/SF)
  • -
Sale Type Investment or Owner User
Description
Commercial space at street level with a constructed area of approximately 172 m2.
Sale Notes
Street-level commercial space with an approximate built area of 172 m², located in the Malasaña neighborhood (Madrid), within one of the most vibrant urban and commercial areas in the city center.

The property features a compartmentalized interior layout, consisting of an entrance hall, waiting room, five independent rooms, as well as a bathroom, restroom, and basement level, allowing for a functional organization suitable for professional or service-related activities.

The space also has an additional access point through the building's main entrance, a feature that could be significant in the event of a potential change of use to residential, subject to urban planning regulations and technical conditions.

The location is characterized by its high centrality, with close proximity to major commercial hubs such as Gran Vía and Fuencarral Street, ensuring a dynamic environment with abundant services and connectivity.

Due to its features, layout, and location, the property is well-suited for offices, clinics, training centers, or conversion projects to residential use, all within a well-established urban setting.
Unit Unit Size Condo Use Price NOI
Unit IZ 1,851 SF Retail $853,446 ($461.07/SF) -

Unit IZ

Unit Size
1,851 SF
Condo Use
Retail
Price
$853,446 ($461.07/SF)
NOI
-

Unit IZ

Unit Size 1,851 SF
Condo Use Retail
Price $853,446 ($461.07/SF)
NOI -
Sale Type Investment or Owner User
Description
Commercial space at street level with a constructed area of approximately 172 m2.</li></ul>
Sale Notes
Street-level commercial space with an approximate built area of 172 m&#178;, located in the Malasa&#241;a neighborhood (Madrid), within one of the most vibrant urban and commercial areas in the city center. <br> <br> The property features a compartmentalized interior layout, consisting of an entrance hall, waiting room, five independent rooms, as well as a bathroom, restroom, and basement level, allowing for a functional organization suitable for professional or service-related activities.<br> <br> The space also has an additional access point through the building&#39;s main entrance, a feature that could be significant in the event of a potential change of use to residential, subject to urban planning regulations and technical conditions.<br> <br> The location is characterized by its high centrality, with close proximity to major commercial hubs such as Gran V&#237;a and Fuencarral Street, ensuring a dynamic environment with abundant services and connectivity.<br> <br> Due to its features, layout, and location, the property is well-suited for offices, clinics, training centers, or conversion projects to residential use, all within a well-established urban setting.</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 4
Year Built 1900 - 1909

Amenities

Site Amenities

  • 24 Hour Access
  • Wi-Fi
  • Community-Wide WiFi
  • Listing ID: 41040859

  • Date on Market: 6/24/2026

  • Last Updated:

  • Address: Centro, Madrid 28004

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