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Investment Highlights

  • Consolidated residential area with good pedestrian and vehicular traffic.
  • Immediate surroundings with all types of services within reach.

Executive Summary

Residential property with 3,084 m² of built space distributed across nine above-ground floors, located in Bellas Vistas. Situated in the Tetuán district, in a well-established residential area with a wide range of shops, services, and dining options. It boasts excellent transportation links via Metro (Estrecho and Franco Rodríguez stations) and quick access to the main roads in the northern part of Madrid.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit -
  • 2,045 SF
  • Retail
  • $418,356 ($204.58/SF)
  • -
Sale Type Investment or Owner User
Description
Commercial space of 190 m2 distributed over two floors, featuring open areas, several auxiliary rooms, and four restrooms. The space could be converted for residential use.
Sale Notes
Commercial space for sale, 190 m², with the option to change its use, located on Pamplona Street in a well-established area with a wide range of shops and local services.

The property is distributed across two levels. The main floor features an open-plan space, a restroom, and a 26.16 m² waiting room. The upper floor includes three rooms, two auxiliary spaces, and two additional restrooms. It is equipped with hot water via an electric water heater, aluminum exterior carpentry, terrazzo flooring, a heating system with storage heaters, and air conditioning.

The sale price has been set with the understanding that the current owner will continue occupying the space until, at the latest, February 2028.

The location is excellent, very close to Jerónima Llorente and Bravo Murillo streets, with Estrecho Metro station just 200 meters away and Franco Rodríguez station about a ten-minute walk. The street is wide, offers convenient parking, and has potential for installing a storefront, with a ceiling height of up to 4 meters.

Due to its characteristics, the space offers potential for adaptation to residential use. The area is well-served with amenities, including educational centers, a medical center, libraries, restaurants, and cafés, including the renowned Casa Adriano.
Unit Unit Size Condo Use Price NOI
Unit - 2,045 SF Retail $418,356 ($204.58/SF) -

Unit -

Unit Size
2,045 SF
Condo Use
Retail
Price
$418,356 ($204.58/SF)
NOI
-

Unit -

Unit Size 2,045 SF
Condo Use Retail
Price $418,356 ($204.58/SF)
NOI -
Sale Type Investment or Owner User
Description
Commercial space of 190 m2 distributed over two floors, featuring open areas, several auxiliary rooms, and four restrooms. The space could be converted for residential use.
Sale Notes
Commercial space for sale, 190 m², with the option to change its use, located on Pamplona Street in a well-established area with a wide range of shops and local services.

The property is distributed across two levels. The main floor features an open-plan space, a restroom, and a 26.16 m² waiting room. The upper floor includes three rooms, two auxiliary spaces, and two additional restrooms. It is equipped with hot water via an electric water heater, aluminum exterior carpentry, terrazzo flooring, a heating system with storage heaters, and air conditioning.

The sale price has been set with the understanding that the current owner will continue occupying the space until, at the latest, February 2028.

The location is excellent, very close to Jerónima Llorente and Bravo Murillo streets, with Estrecho Metro station just 200 meters away and Franco Rodríguez station about a ten-minute walk. The street is wide, offers convenient parking, and has potential for installing a storefront, with a ceiling height of up to 4 meters.

Due to its characteristics, the space offers potential for adaptation to residential use. The area is well-served with amenities, including educational centers, a medical center, libraries, restaurants, and cafés, including the renowned Casa Adriano.

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
Building Class B
Floors 9
Year Built 1980 - 1989

Amenities

Site Amenities

  • Elevator
  • Listing ID: 41917179

  • Date on Market: 8/28/2026

  • Last Updated:

  • Address: Tetuán, Madrid 28039

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