FOR SALE

Mixed Use, 370 sqm, Neo Psychiko

#54365
Athens-North, Athens-North-Neo-Psychiko-Faros
370 sqm
2011

Panagiotis Kokkalis|+30 210 68 12 500
Property
Description of the property
A standalone corner commercial building in a prime location in Neo Psychiko, offering excellent visibility and easy access. The property consists of two ground-floor retail units with a total area of 200 sq.m., featuring strong frontage on a high-traffic street, as well as an upper floor that is already leased at a very good and stable rent, providing immediate investment income with an annual CPI-linked +5% escalation clause.

The building benefits from remaining building coefficient (FAR), allowing the construction of one additional floor, creating significant future added value. It also includes a large front setback (landscaped area), enhancing both the aesthetics and functionality of the property. The building underwent a full renovation in 2011 using high-quality modern materials and is maintained in very good condition.

This is a strong investment asset offering immediate income, stable returns, further development potential, and an excellent commercial location, ideal for investors seeking security and long-term capital appreciation. The price is negotiable.
Extra information
GENERAL
Quality level
Very good
PLOT
Frontage size
15To25M
View
City
BUILDING
Total building size
370 sqm
Build year
2011
Structure quality
Very good
Total floors
1
INTERIOR
Air conditioning
Yes
Floor material
Floor tile
Glazing
Double
UNIT
Main area size
370 sqm
Levels
1
Corner
Yes
WCs
3
Heating
Individual, Autonomous, Air conditioning, Natural gas
Heating source
Other
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