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Arguelles 6,533 SF Retail Condo Unit Offered at $1,096,934 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
Spacious commercial property for sale, 6,531 sq. ft., located in Argüelles.
The property is situated in a classic, stately building and stands out for its spectacular façade, spanning over 36 linear feet, which provides 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 educational center, with a transferable lease agreement in place until December 2028.
Additionally, the property includes an independent area of approximately 2,475 sq. ft. with multiple development possibilities. This space consists of about 1,668 sq. ft. on the ground floor, currently in raw condition and ready for customization, as well as a 807 sq. ft. mezzanine connected by a spiral staircase. The area benefits from excellent natural light thanks to two English courtyards, providing brightness and comfort.
The space has an independent entrance from the building's main lobby, with the option to integrate it with the rest of the property depending on the project's needs. Due to its layout and versatility, it is particularly suitable for offices, professional workspaces, medical practices, or healthcare clinics.
Key features include an approximate ceiling height of 13 feet, functional facilities and restrooms, and a layout that combines a currently operational area 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, spanning over 36 linear feet, which provides 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 educational center, with a transferable lease agreement in place until December 2028.
Additionally, the property includes an independent area of approximately 2,475 sq. ft. with multiple development possibilities. This space consists of about 1,668 sq. ft. on the ground floor, currently in raw condition and ready for customization, as well as a 807 sq. ft. mezzanine connected by a spiral staircase. The area benefits from excellent natural light thanks to two English courtyards, providing brightness and comfort.
The space has an independent entrance from the building's main lobby, with the option to integrate it with the rest of the property depending on the project's needs. Due to its layout and versatility, it is particularly suitable for offices, professional workspaces, medical practices, or healthcare clinics.
Key features include an approximate ceiling height of 13 feet, functional facilities and restrooms, and a layout that combines a currently operational area with additional space ready for future development or expansion.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 6,533 SF | Retail | $1,096,934 ($167.91/SF) | - |
-
| Unit Size |
| 6,533 SF |
| Condo Use |
| Retail |
| Price |
| $1,096,934 ($167.91/SF) |
| NOI |
| - |
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| Unit Size | 6,533 SF |
| Condo Use | Retail |
| Price | $1,096,934 ($167.91/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 | |
| Spacious commercial property for sale, 6,531 sq. ft., located in Argüelles. <br> The property is situated in a classic, stately building and stands out for its spectacular façade, spanning over 36 linear feet, which provides 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 educational center, with a transferable lease agreement in place until December 2028. <br> <br> Additionally, the property includes an independent area of approximately 2,475 sq. ft. with multiple development possibilities. This space consists of about 1,668 sq. ft. on the ground floor, currently in raw condition and ready for customization, as well as a 807 sq. ft. mezzanine connected by a spiral staircase. The area benefits from excellent natural light thanks to two English courtyards, providing brightness and comfort. <br> <br> The space has an independent entrance from the building's main lobby, with the option to integrate it with the rest of the property depending on the project's needs. Due to its layout and versatility, it is particularly suitable for offices, professional workspaces, medical practices, or healthcare clinics. <br> <br> Key features include an approximate ceiling height of 13 feet, functional facilities and restrooms, and a layout that combines a currently operational area 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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Street
Map
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