Commercial property, 223m², Petralona (Athens Center), 315.000 €

For sale commercial property of 223 sq.meters in Athens. The commercial property has 4 levels. There are: air conditioning, heating. There is an alarm system installed.

----------------------------------

Located on one of the most commercial avenues of Kallithea – Venizelou Avenue, this exceptional retail property spans a total surface of 223 sq.m. on a 250 sq.m. plot.

Arranged across four levels – elevated ground floor, semi-basement, full basement, and a loft-style mezzanine – this property was fully renovated in 2017 and boasts a modern layout with suspended ceilings, aluminum window frames, structured cabling, air conditioning, ventilation, alarm system, and fire detection.

It is corner-positioned, dual-aspect, and façade-facing, ensuring excellent visibility, now enhanced by the removal of a former kiosk, offering 100% street exposure.

Investment Opportunity: The property is currently leased to a well-known international catering chain under a 12-year lease, generating a steady rental income of €1,500/month. Offering an attractive yield of approx. 6.5%, this is a prime investment asset.

Situated in a commercial zone, the property is not designated for institutional use. It features independent electric heating, three-phase power, and no shared building costs.

📍 Distances:

• Sea: 4.5 km

• Athens City Center: 5 km

• Athens International Airport: 38 km