For Sale Building 2080 m² in Athens – ID 2248504

For sale building of 2080 sq.meters in Athens. The building has 8 levels. A view of the city opens up from the windows. There are: solar panels for water heating, air conditioning, awnings, heating. The owners will be leaving the furniture with the sale. Building has an elevator. Extras included with the property: parking space, garage. Investment Opportunity – Entire Mixed-Use Building in Ilisia – Zografou, Athens A rare, ready-to-invest opportunity is presented in one of the most sought-after urban areas of Athens. This six-story building combines immediate income generation, diversified revenue streams, and long-term capital appreciation. Ideal for investors, developers, or real estate investment funds, it offers a unique mix of residential units, commercial space, and parking facilities under one roof. Property Highlights Six-story building with a total surface area of 2,080 sq.m. 27 fully leased studio apartments with stable income Ground-floor commercial space with mezzanine, offering prime retail frontage Two basement levels with 16 parking spaces in a high-demand area Surface Breakdown Residential Units: 1,031 sq.m. Commercial Space: 295 sq.m. Underground Parking (16 spaces): 754 sq.m. Current Rental Income (Fully Leased) Studios: €15,500/month Commercial Space: €4,500/month 16 Parking Spaces: €1,714/month ➡️ Total Monthly Income: €21,714 Annual Gross Income: €260,568 Gross Yield: ~6% This diversified income profile ensures stable cash flow while offering significant upside potential through rent optimization, short-term leasing, or conversion into serviced apartments/student housing (subject to licensing). Asking Price 💼 €4,200,000 – Entire Building Detailed Floor Description Basement Levels – Parking Lower Basement (376.95 sq.m.): Includes 9 spacious parking spaces, ensuring convenient access for tenants. Upper Basement (376.95 sq.m.): Includes 7 additional parking spaces (Total: 16 spaces). Commercial Unit (Retail Space) Ground Floor (197.30 sq.m.): Main commercial area with wide, premium frontage, ideal for food & beverage, retail, or customer service offices. Mezzanine (70.95 sq.m.): Auxiliary or office space directly connected to the ground floor, enhancing functionality. Residential Levels – Studio Apartments 1st Floor (5 Apartments): Apt A1: 29.80 sq.m. Apt A2: 47.40 sq.m. (second largest studio) Apt A3: 48.70 sq.m. (largest studio) Apt A4: 33.85 sq.m. Apt A5: 31.85 sq.m. 2nd Floor (5 Apartments): Apt B1: 29.85 sq.m. Apt B2: 35.30 sq.m. Apt B3: 35.35 sq.m. Apt B4: 33.65 sq.m. Apt B5: 31.60 sq.m. 3rd Floor (5 Apartments): Apt C1: 30.50 sq.m. Apt C2: 33.20 sq.m. Apt C3: 28.90 sq.m. Apt C4: 35.90 sq.m. Apt C5: 30.45 sq.m. 4th Floor (4 Apartments): Apt D1: 31.95 sq.m. Apt D2: 33.30 sq.m. Apt D3: 32.10 sq.m. Apt D4: 30.05 sq.m. 5th Floor (4 Apartments): Apt E1: 28.20 sq.m. Apt E2: 27.35 sq.m. Apt E3: 28.35 sq.m. Apt E4: 28.65 sq.m. 6th Floor (4 Apartments): Apt F1: 28.20 sq.m. Apt F2: 27.35 sq.m. Apt F3: 28.35 sq.m. Apt F4: 28.65 sq.m. Why This Property is Ideal for Investors & Developers ✔️ Fully operational, income-producing asset with immediate cash flow ✔️ Diversified revenue streams: residential, commercial, and parking ✔️ Prime location in Ilisia – Zografou with high rental demand ✔️ Ready for renovation or value repositioning ✔️ Excellent accessibility and visibility in central Athens ✔️ Strong value-add potential through upgrades, short-term rentals, or commercial restructuring

building of 2,080 m²

Zográfos, Attica, Greece