FOR SALE
Mixed Use, 1687 sqm, Attiki
#50190Athens-Center
1.687 sqm
1936
Property
Description of the property
The property is a mixed-use, multi-storey building with a total built area of 1,687 sq.m., situated on a 475 sq.m. plot and originally constructed in 1936. It is a historic asset with strong architectural character, developed across seven levels from basement to a shared roof terrace, offering substantial exploitable space and high flexibility in use.
The basement level includes an apartment, a retail unit, storage areas and extensive common spaces, enhancing the overall functionality of the building and allowing for multiple operational configurations. The ground floor accommodates two apartments, two retail shops and one office space, all with direct access from Acharnon Street, significantly increasing commercial visibility and rental appeal.
The first three upper floors each comprise four apartments, with unit sizes ranging from 54 sq.m. to 77 sq.m., featuring well-balanced layouts and efficient living spaces suitable for long-term residential leasing as well as alternative investment strategies. Each floor is supported by common areas that ensure smooth circulation and practical separation of the units.
The fourth floor includes four apartments of smaller and medium sizes along with additional storage areas, further strengthening the building’s functional capacity. The uppermost level provides auxiliary and storage spaces as well as a shared roof terrace of 25.16 sq.m., which can be upgraded into an attractive communal amenity, enhancing the overall value of the property.
The asset combines residential, retail and office uses, creating diversified and resilient income streams. Its location on Acharnon Street, within an established urban district with excellent access to public transportation, services and retail activity, supports consistent demand. This property represents an attractive investment opportunity for investors seeking a large-scale asset with historic identity, repositioning potential and strong prospects for value appreciation and stable returns in central Athens.
The basement level includes an apartment, a retail unit, storage areas and extensive common spaces, enhancing the overall functionality of the building and allowing for multiple operational configurations. The ground floor accommodates two apartments, two retail shops and one office space, all with direct access from Acharnon Street, significantly increasing commercial visibility and rental appeal.
The first three upper floors each comprise four apartments, with unit sizes ranging from 54 sq.m. to 77 sq.m., featuring well-balanced layouts and efficient living spaces suitable for long-term residential leasing as well as alternative investment strategies. Each floor is supported by common areas that ensure smooth circulation and practical separation of the units.
The fourth floor includes four apartments of smaller and medium sizes along with additional storage areas, further strengthening the building’s functional capacity. The uppermost level provides auxiliary and storage spaces as well as a shared roof terrace of 25.16 sq.m., which can be upgraded into an attractive communal amenity, enhancing the overall value of the property.
The asset combines residential, retail and office uses, creating diversified and resilient income streams. Its location on Acharnon Street, within an established urban district with excellent access to public transportation, services and retail activity, supports consistent demand. This property represents an attractive investment opportunity for investors seeking a large-scale asset with historic identity, repositioning potential and strong prospects for value appreciation and stable returns in central Athens.
Extra information
BUILDING
Total building size
1 sqm
Build year
1936
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