Plaza Adolfo Suárez, 10 3,821 SF Retail Building Manzanares el Real, Madrid 28410 $1,524,748 ($399.02/SF)

Unique property in the historic heart of Manzanares el Real, one of the most iconic tourist destinations in the Sierra de Guadarrama. This representative 20th-century building, constructed in solid masonry stone and located on the picturesque Plaza del Raso, currently houses the renowned restaurant La Charca Verde, a local landmark known for its prestige, cozy atmosphere, and loyal clientele.
The location is unbeatable: facing the main square, just a few steps from the Castillo de los Mendoza and the Sierra de Guadarrama National Park, in an area with a constant flow of visitors and residents throughout the year.
The entire building is for sale, with 330 m² of usable space distributed over three floors plus a rooftop solarium. It includes a commercial unit on the ground floor and upper floors with multiple possible uses: residence, vacation rentals, offices, or expansion of the hospitality business. Currently, the third floor operates as a licensed tourist apartment.
La Charca Verde restaurant is in full operation, with a solid track record, excellent ratings, a fully equipped kitchen, charming décor, and an outdoor terrace that attracts a large number of customers, especially on weekends. The building’s architecture preserves all its original character, with a stone façade, wooden balconies, and construction elements of historical value. The interiors, spacious and versatile, maintain the traditional essence of the town. All licenses and zoning regulations are in order, with the possibility of expanding uses in line with current planning regulations.
This property offers different commercialization approaches depending on the buyer profile. For those seeking luxury and exclusivity, it is perfect to transform into a boutique hotel with a fine-dining restaurant. Its location on the central square, together with the uniqueness of the building, makes it an exceptional opportunity for investors focused on quality tourism.
From a tourism perspective, the Sierra de Guadarrama, which receives thousands of visitors every weekend, makes it ideal as a charming lodging option, combining a restaurant on the ground floor with guest accommodations on the upper levels. From an investment standpoint, profitability is immediate thanks to a successful restaurant with an established customer base, plus the possibility of using the upper floors for offices, vacation rentals, or residences, thereby multiplying income. Finally, for international buyers, this is a character property in a town full of history, nature, and gastronomy—an attractive proposition for those seeking a unique hospitality project just 40 minutes from Madrid.
Regarding the surroundings and location, the property is situated right on Plaza del Raso, the heart of Manzanares el Real, a three-minute walk from the Castillo de los Mendoza and with direct access to the Sierra de Guadarrama National Park. Its proximity to Madrid via the A-6, just about forty minutes away, together with the natural beauty and tourist appeal of the area, make it a site of great potential and value.