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Calle Reina Victoria Apartment Building $989,788 San Lorenzo de El Escorial, Madrid 28200

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INVESTMENT HIGHLIGHTS

  • Excellent location in the center of San Lorenzo de El Escorial
  • Good connections
  • Restaurant in operation

EXECUTIVE SUMMARY

Available 5-story building, currently operating as a restaurant, with the potential to be converted into residential housing. It is licensed as a restaurant-tavern and is located in the heart of the historic center of San Lorenzo de El Escorial, just a few meters from the Royal Monastery.
The restaurant is housed in a unique 5-story building (entire property for sale), with access from Reina Victoria Street (a covered walkway leading to the Town Hall square) and rear access from a pedestrian street.
Additionally, the building is situated at the corner of Jacinto Benavente Square, a key access point to the Royal Monastery.
On the ground floor, accessible via the pedestrian street, there is a small dining area (which could be converted into an independent tavern). From the covered walkway entrance, you access the bar and restaurant. The first floor houses the kitchen, while the second floor features a large dining room. The attic floor, currently unused, could serve as a private dining area or a personal residence for the family purchasing the property.
The restaurant has a terrace license for the covered walkway street and the potential for a terrace on the pedestrian street.
Key features:
• 232 sq. meters of built space.
• Mixed-use building (Residential, Commercial, Hotel).
• No tenants.
• 5 floors.
• 0 garage/parking spaces included in the price.
• Built in 1950.
• Requires renovation.

PROPERTY FACTS

Price $989,788
Sale Type Investment
Property Type Multifamily
Property Subtype Apartment
Building Class C
Building Size < 15,000 SF
Year Built 1950 - 1959
Tenancy Single

ABOUT SAN LORENZO DE EL ESCORIAL, MAD 28200

Excellent commercial space equipped as a restaurant in operation, in the center of San Lorenzo de El Escorial. It is very central with views of the monastery. It has a total built area of 232 m2, with a terrace of 110 m2, with bar and several dining rooms. In full operation, investment opportunity.

  • Listing ID: 34811820

  • Date on Market: 2/12/2025

  • Last Updated:

  • Address: San Lorenzo de El Escorial, Madrid 28200

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