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Plaza Constitución, 11 2,422 SF Retail Building El Álamo, Madrid 28607 $290,232 ($119.84/SF)
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Investment Highlights
- Prestigious restaurant
- Perfectly conditioned and equipped
- With a premium terrace for 120 people.
- Demonstrable high turnover
- A business with over 50 years of history and a loyal clientele throughout the community.
- Strategic Location: At the social meeting point of the population.
Executive Summary
This is a unique opportunity to acquire a gastronomic landmark in the heart of El Álamo. In continuous operation since 1970, this restaurant has built a solid reputation and a loyal clientele throughout the region. The property spans three interconnected floors with a total area of approximately 200 m², each designed to ensure maximum operational efficiency. The ground floor features a cozy bar area, a professional kitchen, a walk-in refrigerator, and gender-specific restrooms.
The dining room on the first floor accommodates up to 40 guests and includes a signature charcoal grill, preserving the rustic atmosphere that defines the establishment's culinary experience. The top floor, currently used as storage, offers versatile potential, including the possibility of being converted into residential space.
As an added value, the property boasts a spacious premium outdoor terrace with seating for 120 people, located in a renovated plaza equipped with green areas and family-friendly spaces. This asset combines tradition, adaptability, and a prime location in a bustling social hub, making it an excellent investment opportunity for entrepreneurs and professional operators.
Property Facts
Amenities
- Security System
- Storage Space
- High Ceilings
- Recessed Lighting
- Private Bathroom
- Balcony
- Kitchen
About PLAZA CONSTITUCIÓN, 11 , EL ÁLAMO, MAD 28607
Commercial building for sale equipped as a meson-restaurant in the main square of El Álamo, in an excellent location with high pedestrian traffic. It has a total area of 225 m2 distributed over 3 floors. On the street floor, there is a fully assembled bar. On the first floor there is a restaurant with a grill and an office area. On the second floor it is used as a warehouse. In addition, the space also has a terrace in summer. It is perfectly conditioned and equipped, operating for several decades. Specializing in sardines, unique in the sector, highlighting Bom-bouple sardines. The reason for the cessation of activity is the retirement of the property. The owner is available to teach the continuation of the activity. A space with 48 years of activity and a very selective clientele. The space has all the current activity licenses.
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Plaza Constitución, 11
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