Plaza Adolfo Suárez, 10 3,821 SF Retail Building Manzanares el Real, Madrid 28410 $1,499,942 ($392.53/SF)

Unique property in the historic heart of Manzanares el Real, one of the most iconic tourist destinations in the Sierra de Guadarrama. This 20th-century landmark building, constructed with solid masonry stone and located in the picturesque Plaza del Raso, is currently home to the renowned restaurant La Charca Verde, celebrated for its prestige, cozy atmosphere, and loyal clientele.
The location is unbeatable: right in front of the main square, just steps away from the Castle of the Mendoza family and the Sierra de Guadarrama National Park, in an area with a constant flow of visitors and residents year-round.
The entire building is for sale, offering 330 square meters of usable space distributed across three floors plus a solarium. It includes a commercial space on the ground floor and upper floors with multiple potential uses: residential, tourist apartments, offices, or an expansion of the hospitality business. Currently, the third floor operates as a licensed tourist apartment.
La Charca Verde restaurant is fully operational, with a solid track record, excellent reviews, a fully equipped kitchen, charming decor, and an outdoor terrace that attracts significant foot traffic, especially on weekends. The building's architecture retains all its original character, featuring a stone facade, wooden balconies, and historically valuable construction elements. The interiors are spacious and versatile, preserving the traditional essence of the town. All licenses and urban planning regulations are up to date, with the possibility of expanding uses in accordance with current zoning plans.
This property offers various commercialization approaches depending on the buyer's profile. For those seeking luxury and exclusivity, it is perfect for transforming into a boutique hotel with a fine dining restaurant. Its central plaza location, combined with the uniqueness of the building, makes it an exceptional opportunity for investors in high-quality tourism.
From a tourism perspective, the Sierra de Guadarrama, which attracts thousands of visitors every weekend, makes it ideal as a charming accommodation option, combining a restaurant on the ground floor with guest rooms on the upper levels. From an investment standpoint, the property offers immediate profitability thanks to a successful restaurant with an established clientele, along with the potential to use the upper floors for offices, tourist apartments, or residences, thereby multiplying revenue streams. Finally, for international buyers, this is a property full of character in a town rich in history, nature, and gastronomy—a highly attractive proposition for those seeking a unique hospitality project just 40 minutes from Madrid.
Regarding the surroundings and location, the property is situated in the heart of Plaza del Raso, the center of Manzanares el Real, just a three-minute walk from the Castle of the Mendoza family and with direct access to the Sierra de Guadarrama National Park. Its proximity to Madrid via the A-6, just 40 minutes away, combined with the natural beauty and tourist appeal of the area, makes it a site of great potential and value.