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Investment Highlights

  • Right in the heart of downtown.
  • Just a few minutes from Gran Vía.
  • Good public transportation connections.
  • Large ground-floor space.

Executive Summary

Residential building with a total area of 3,081 m² and five floors. It is well-connected by public transportation, with several urban bus lines and a nearby metro station.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • -
  • 4,262 SF
  • Retail
  • $2,147,718 ($503.92/SF)
  • -
Sale Type Investment or Owner User
Description
Great opportunity, laid out over two floors.
Large façade with a total of 28 meters.
Sale Notes
Corner retail space in Pedro Zerolo Square 5, with a total built area on two floors of 396 sq m, with direct access to the pedestrian area of the square.  
Usable areas: street level 202.41 sq m and semi-basement 118.96 sq m (two areas).  
Ceiling height on street level: 3.3 m.  

Facade facing Pedro Zerolo Square: 11.65 m with two display windows and direct access to the square.  
Facade on Costanilla de Capuchinos: 17.04 m with 3 display windows and two direct entrances from the street.  

Restrooms: 2.  

Other access points: independent entrance through the building’s main entrance and through the building’s interior courtyard, accessible from the lobby.  

Building from 1905, refurbished, with full protection level 1.  
Regulatory protection: Historic complex “Villa de Madrid.”  
Archaeological protection: Z.P.A. of the historic precinct.  

Unit under condominium regime (monthly common charges approx. €127).
Unit Unit Size Condo Use Price NOI
- 4,262 SF Retail $2,147,718 ($503.92/SF) -

-

Unit Size
4,262 SF
Condo Use
Retail
Price
$2,147,718 ($503.92/SF)
NOI
-

-

Unit Size 4,262 SF
Condo Use Retail
Price $2,147,718 ($503.92/SF)
NOI -
Sale Type Investment or Owner User
Description
Great opportunity, laid out over two floors.<br> Large fa&#231;ade with a total of 28 meters.</li></ul>
Sale Notes
Corner retail space in Pedro Zerolo Square 5, with a total built area on two floors of 396 sq m, with direct access to the pedestrian area of the square.&nbsp;&nbsp;<br> Usable areas: street level 202.41 sq m and semi-basement 118.96 sq m (two areas).&nbsp;&nbsp;<br> Ceiling height on street level: 3.3 m.&nbsp;&nbsp;<br> <br> Facade facing Pedro Zerolo Square: 11.65 m with two display windows and direct access to the square.&nbsp;&nbsp;<br> Facade on Costanilla de Capuchinos: 17.04 m with 3 display windows and two direct entrances from the street.&nbsp;&nbsp;<br> <br> Restrooms: 2.&nbsp;&nbsp;<br> <br> Other access points: independent entrance through the building’s main entrance and through the building’s interior courtyard, accessible from the lobby.&nbsp;&nbsp;<br> <br> Building from 1905, refurbished, with full protection level 1.&nbsp;&nbsp;<br> Regulatory protection: Historic complex “Villa de Madrid.”&nbsp;&nbsp;<br> Archaeological protection: Z.P.A. of the historic precinct.&nbsp;&nbsp;<br> <br> Unit under condominium regime (monthly common charges approx. €127).</li></ul>

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 33,164 SF
Property Type Multifamily (Condo)
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Building Class C
Floors 5
Typical Floor Size 6,631 SF
Year Built 1905
Lot Size 0.02 AC

Amenities

Site Amenities

  • Wi-Fi
  • Community-Wide WiFi
  • Public Transportation
  • Listing ID: 35452315

  • Date on Market: 4/11/2025

  • Last Updated:

  • Address: Plaza de Pedro Zerolo, 5, Centro, Madrid 28004

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