Commercial property, 443m², Aigaleo (West Athens), 650.000 €

           


650.000


443 m²

Location Aigaleo (West Athens)
Price 650.000 €
Living Area 443 m²
Type Commercial property For sale
WC 2
Floor Ground floor
Levels 3
Year built 1970
Heating Current
Energy class F
Realtor listing code 2276970
Listing published 0000-00-00 00:00:00
This information is only visible to registered members
Listing updated 0000-00-00 00:00:00
This information is only visible to registered members
Access by No road access Zone Residential
Orientation South-West Parking space No
View Newly built
Air conditioning Furnished
Parking Garden
Pets allowed Alarm
Holiday home Luxury
Satellite dish Internal stairway
Elevator Storage room
Veranda Pool
Playroom Fireplace
Solar water heater Loft
Safety door Penthouse
Corner home Night steam
Floor heating Preserved
Neoclassical

Description

Stand for a moment at the corner of this central avenue in Aigaleo. What you are looking at is not just a commercial building. It is a dual-corner — essentially triple-fronted — commercial property of 443 sq.m., featuring approximately 21 meters of storefront frontage at ground level and over 10 meters on the first floor. In a market that craves visibility, this is not about “façade.” This is about presence. Priced at €1,467 per sq.m., the property is strategically positioned at a level that allows for both owner-occupation and investment exploitation with substantial return potential. The Building Total Surface Area: 443 sq.m. (130 sq.m. basement + 130 sq.m. ground floor + 130 sq.m. first floor + 53 sq.m. additional areas) Ground Floor – 130 sq.m. The core of the commercial activity. With approximately 21 meters of frontage across three sides, the ground floor offers exceptional exposure. Ideal for: Showroom Retail store Service center Bank / insurance branch Retail chain outlet Here, visibility works for you before the door even opens. First Floor – 130 sq.m. Over 10 meters of frontage and full functional flexibility. Ideal for: Administrative offices Educational facility Medical center Call center Beauty / wellness center The building features iron window frames and very good sound insulation for its location. Basement – ​​130 sq.m. A clean, highly functional space. Suitable for: Storage Micro-fulfillment center Archive Workshop Three-phase power supply is available to support full professional equipment needs. Why Aigaleo? The property is located in the commercial core of Aigaleo. Close to Aigaleo Metro Station Within short distance of the University of West Attica Positioned on a major high-traffic arterial road The area generates daily movement. It doesn't wait for it. Permitted Uses The property lies within a zoning area that allows a wide range of activities, including: Grocery store Gym Clinic Educational center Exhibition space Service hub Golden Visa – Strategic Approach Under the 2026 framework: As a commercial property in Attica, the higher investment threshold applies. With a change of use to residential, eligibility under the lower investment threshold may be examined, subject to conditions and without short-term rental (Airbnb) use. This concerns a purely investment-driven strategy and is assessed case by case. Yield Potential Under commercial leasing, the potential gross yield may approach 8%–8.5%, depending on tenant quality and configuration. We are not talking about “walls.” We are talking about an asset with strong commercial identity and multi-purpose investment flexibility.

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Psychogiou Real Estate
Psychogiou Real Estate
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