Commercial Building for sale, 5 Kritis, in Athens, Greece

$1,322,017

Athens, Kritis 5, Athina 104 38, Greece

Commercial building • 1138 m²

A 5-storey commercial building in good condition, soon to be converted into 28-units student accommodation – both studios and one-bedroom apartments. located in the heart of Athens - the vivacious capital.

High, inelastic demand; remarkable lack of supply; a strong upside potential; a market with an accelerated growth. As you will see below, this project has all the elements of a great investment. 

The 1,138-sqm property at Kritis St. has an elevator as well as a basement, a ground floor, three additional floors, and two separate entrances. Moreover, the property has yet to exploit its remaining construction rights by expanding to an additional 150 sqm.

Basement of 241 sqm

Ground floor of 241 sqm: Entrance, shop

Mezzanine floor of 86 sqm

1st and 2nd floors of 389: Classroom, office spaces, 2 WC on each floor

3rd floor of 169 sqm: Classroom, office spaces and 2 WC

Roof of 12 sqm: Lift engine room and exit to roof.

The residents of the Kolonos neighborhood, a pleasant residential neighborhood in close proximity to the Athens historical center, enjoy easy access to public transportation (including 2 metro stations) as well as to the city’s main academic institutions: close to the Old Academy of Athens, 600m from Omonia Metro Station and 650m from Metaxourgio Metro Station. Within short walking distance are the Karaiskaki Square and Metaxourgio – an artistic, fashionable neighborhood full of galleries, theatres, museums, restaurants, and cafes.

We are not charging Brokerage Fee. The property is FSBO.

https://www.youtube.com/watch?v=Y6REpYlXrSo

Contact us for more details and for a viewing (we're arranging on-line video tours of our properties with full explanation):  +30 690 660 0655       

Certificate Code E

Spaces

Floors5

Surfaces

Living1138 m²

Kritis 5, Athina 104 38, Greece, Athens

Lift
TypeBuilding
Construction year1981
Energy efficiency rating
E