A church first
The church of San Miguel de los Octoes stood here, where the playwright Lope de Vega was baptised. It was demolished in 1809 under Joseph Bonaparte, and the square became an open-air market.
Next to the Plaza Mayor, the Mercado de San Miguel is an iron-and-glass market hall from 1916. It sold fresh food for nearly a century, and in 2009 became Madrid's first gourmet market.

The church of San Miguel de los Octoes stood here, where the playwright Lope de Vega was baptised. It was demolished in 1809 under Joseph Bonaparte, and the square became an open-air market.
Hygiene rules pushed cities to cover their markets. This iron hall, inspired by Paris's Les Halles, was built between 1913 and 1916.
For decades locals bought fish and vegetables here. In 2009 it reopened as a market for tapas and food stalls.
The iron market hall opened in 1916. The site has been a market since the 19th century.
For the building and a quick tasting, yes; it's busy and more expensive than neighbourhood markets.
The church of San Miguel de los Octoes, where Lope de Vega was baptised, demolished in 1809.