€ 997,000
Commercial for sale in Universidad, Madrid city, Madrid
- 572 m2
- 3
Description
A magnificent investment and commercial exploitation opportunity in the heart of Malasaña, one of Madrid’s most dynamic, busy, and highly promising areas.
Spectacular commercial premises of 572 m² built area, located just a few meters from Gran Vía and surrounded by commercial, tourist, and residential activity all seven days of the week. A space with enormous potential for operators, investors, franchises, and project developers.
The property is laid out as follows:
• Ground-floor level of approximately 500 m², completely open-plan and functional.
• Semi-basement of 72 m², very accessible and practical, ideal as an operational support area, storage, technical area, or an expansion of the business.
Among its most notable features we find:
• Direct access from the street with no architectural barriers.
• Five large shopfront openings on the façade, providing maximum commercial visibility and natural light entry.
• Ceiling height of more than 6 meters, offering spaciousness and multiple possibilities for vertical use.
• Several independent entrances that make day-to-day operations easier and allow for different business configurations.
• A landmark, representative building, recently structurally refurbished and updated on the façade.
• Premises in a practically open-plan state and to be refurbished, perfect for adapting to the desired project.
Strategic location with constant pedestrian footfall and good transport links via the metro (Callao, Tribunal, and Noviciado), bus lines, and connection to the center of Madrid.
Possible uses for the premises:
1. Gym / boutique fitness center
The size, clear height, and layout of the space make this premises a fit for a boutique gym, personal training center, pilates, cross training, or a wellness center.
2. Express supermarket / neighborhood store
Pedestrian activity and commercial visibility make the property an ideal location for an urban supermarket, gourmet shop, premium minimarket, or a convenience establishment aimed at residents and tourists.
3. Urban storage unit business
An option with potential profitability. The shortage of storage space in apartments in central Madrid makes this asset an opportunity to develop an urban storage-unit business for rent, with high demand.
During the 360 visits, ideas are provided for how some of the spaces could be laid out for these activities.
In addition to these uses, the premises offer possibilities for showrooms, galleries, clinics, creative studios, experiential spaces, flexible offices, academies, technology centers, specialized retail, or any other compatible commercial activity.
Important: the premises do not have a smoke extraction outlet.
A high-projection property investment in one of Madrid’s most sought-after and value-appreciating locations.
Features
- Commercial
- Bathrooms: 3
- Build Size: 572 m2
- Storeys: 4
- Year Built: 1910
- Energy Efficiency Rating: In Progress