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Arguelles 6,533 SF Retail Condo Unit Offered at $1,084,685 in Moncloa - Aravaca, Madrid 28008



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Investment Highlights
- Location on one of the most iconic and sought-after streets in the Argüelles neighborhood.
- Immediate surroundings with comprehensive services nearby.
Executive Summary
Residential property located in the heart of the Arguelles neighborhood, one of the most established and sought-after areas in Madrid. A well-established area with a wide range of shops, restaurants, services, and cultural amenities.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Description
Commercial space of 607 m2 built, featuring over 11 linear meters of frontage and an approximate ceiling height of 4 meters. The property combines an area currently leased and operating as a study center with an additional 230 m2 of space to be customized. This additional area is distributed between the ground floor and mezzanine, with independent access and abundant natural light provided by two English courtyards.
Sale Notes
Sale of a spacious commercial property of 607 m2 located in Argüelles.
The property is situated in a classic, stately building and stands out for its spectacular façade of over 11 linear meters, providing excellent visibility and street-level commercial presence.
This property represents an attractive investment opportunity, combining an immediate income source with significant potential for appreciation. A large portion of the space is currently occupied by a functioning study center, with a transferable lease agreement valid until December 2028.
Additionally, it features an independent area of approximately 230 m2 with multiple development possibilities. This space consists of about 155 m2 on the ground floor, currently in raw condition and ready for customization, as well as a 75 m2 mezzanine connected by a spiral staircase. The area benefits from excellent natural light thanks to two English courtyards, adding brightness and comfort.
The space has independent access from the building's main entrance, though it can also be integrated with the rest of the property depending on the project's needs. Due to its layout and versatility, it is particularly suitable for housing offices, professional workspaces, medical consultations, or healthcare clinics.
Key features include an approximate ceiling height of 4 meters, functioning facilities and restrooms, and a layout that combines an area currently in use with additional space ready for future development or expansion.
The property is situated in a classic, stately building and stands out for its spectacular façade of over 11 linear meters, providing excellent visibility and street-level commercial presence.
This property represents an attractive investment opportunity, combining an immediate income source with significant potential for appreciation. A large portion of the space is currently occupied by a functioning study center, with a transferable lease agreement valid until December 2028.
Additionally, it features an independent area of approximately 230 m2 with multiple development possibilities. This space consists of about 155 m2 on the ground floor, currently in raw condition and ready for customization, as well as a 75 m2 mezzanine connected by a spiral staircase. The area benefits from excellent natural light thanks to two English courtyards, adding brightness and comfort.
The space has independent access from the building's main entrance, though it can also be integrated with the rest of the property depending on the project's needs. Due to its layout and versatility, it is particularly suitable for housing offices, professional workspaces, medical consultations, or healthcare clinics.
Key features include an approximate ceiling height of 4 meters, functioning facilities and restrooms, and a layout that combines an area currently in use with additional space ready for future development or expansion.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 6,533 SF | Retail | $1,084,685 ($166.03/SF) | - |
-
| Unit Size |
| 6,533 SF |
| Condo Use |
| Retail |
| Price |
| $1,084,685 ($166.03/SF) |
| NOI |
| - |
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| Unit Size | 6,533 SF |
| Condo Use | Retail |
| Price | $1,084,685 ($166.03/SF) |
| NOI | - |
| Sale Type | Investment |
| Description | |
| Commercial space of 607 m2 built, featuring over 11 linear meters of frontage and an approximate ceiling height of 4 meters. The property combines an area currently leased and operating as a study center with an additional 230 m2 of space to be customized. This additional area is distributed between the ground floor and mezzanine, with independent access and abundant natural light provided by two English courtyards.</li></ul> | |
| Sale Notes | |
| Sale of a spacious commercial property of 607 m2 located in Argüelles. <br> The property is situated in a classic, stately building and stands out for its spectacular façade of over 11 linear meters, providing excellent visibility and street-level commercial presence. <br> <br> This property represents an attractive investment opportunity, combining an immediate income source with significant potential for appreciation. A large portion of the space is currently occupied by a functioning study center, with a transferable lease agreement valid until December 2028. <br> <br> Additionally, it features an independent area of approximately 230 m2 with multiple development possibilities. This space consists of about 155 m2 on the ground floor, currently in raw condition and ready for customization, as well as a 75 m2 mezzanine connected by a spiral staircase. The area benefits from excellent natural light thanks to two English courtyards, adding brightness and comfort. <br> <br> The space has independent access from the building's main entrance, though it can also be integrated with the rest of the property depending on the project's needs. Due to its layout and versatility, it is particularly suitable for housing offices, professional workspaces, medical consultations, or healthcare clinics. <br> <br> Key features include an approximate ceiling height of 4 meters, functioning facilities and restrooms, and a layout that combines an area currently in use with additional space ready for future development or expansion. </li></ul> |
Property Facts
The following property facts 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 | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 5 |
| Property Subtype | Apartment | Year Built | 1940 - 1949 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 5 |
| Year Built | 1940 - 1949 |
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Arguelles
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