Calle Viriato 1,033 SF Retail Condo Unit Offered at $525,941 in Chamberí, Madrid 28010

Sale of a commercial space with great potential for conversion to residential use in the heart of Chamberí, at the corner of Bravo Murillo.

An excellent investment opportunity on one of the most sought-after and iconic streets in Chamberí. This property, with significant potential for transformation into a residence, is located on Viriato Street, a prime location surrounded by all kinds of services, restaurants, shops, and excellent transportation links.

The property has been reviewed by an architect and meets the technical and urban planning requirements necessary for conversion to residential use, although no formal application has been submitted yet. Additionally, two redistribution proposals for residential use will be provided, offering different layout options to maximize the space and help visualize the final outcome of the project.

It has a total built area of 96 m², distributed across the ground floor (64 m²), the basement level (-1) (19 m²), and 13 m² corresponding to common areas. The property has access both from the building's main entrance and directly from the street, offering convenience, privacy, and multiple layout possibilities. It stands out particularly for its abundant natural light, which is rare for ground-floor properties of this type, as well as for its good condition and versatility.

Key features include hardwood flooring and three restrooms, making it an ideal space for a modern redesign. In short, this is an excellent investment in one of Madrid's best areas, perfect for either a primary residence or as a long-term investment property.