South Athens building 4.200 sq.m, for sale - photo 1 of 6

Building 4.200 sq.m, for sale

ID. 2018
€ 4.959.000

Located in the highly sought-after Aghios Dimitrios area in the southern suburbs of Athens, this office building offers a prime investment opportunity. With a total area of 4,200 sq.m, the property benefits from excellent accessibility, being close to the metro station.

The building comprises a basement, semi-basement, and five upper floors. It is currently 80% leased to reputable multinational companies, generating an annual rental income of €160,000. The ground and second floors are currently vacant, with the potential to increase annual rental income to approximately €220,000.

Specifically, the property includes two underground parking spaces measuring 968 sq.m and 487 sq.m respectively. The ground floor features a retail area of 282 sq.m with an additional loft of 245 sq.m, plus an extra ground floor space of 170 sq.m. The mezzanine floor covers 305 sq.m, the first floor 636 sq.m, the second floor 573 sq.m, and the third floor 366 sq.m. Notably, the second floor also includes three parking spaces.

Constructed in 2008, the building is in excellent condition and benefits from abundant natural light throughout. Each level is equipped with kitchenettes and restrooms, and the office spaces are thoughtfully designed with modern business needs in mind. Facilities include structured cabling, advanced computer infrastructure, double-glazed windows, tiled floors, and suspended ceilings, ensuring a comfortable and efficient working environment.

This well-maintained, strategically located office building is an ideal asset for investors seeking stable income and future growth potential in Athens’ dynamic commercial market.

Overview

Property Type
Building
Purpose
For sale
Zoning
Residential Zone
Property Size
4.200 sqm
Year Built
2008

Energy Details

Energy Class
D > 125% – ≤ 150%
Heating/Cooling
Integrated VRF/VRV system
Windows/Glazing
Aluminum frames with double glazing

Features

Mineral fiber ceiling
Security Door
Tiled floors

Get in Touch

If you are interested in this property, fill out the form and we'll be in touch as soon as possible, or share your desires by:

T. +30 210 83 22 007

E. info@terraproperty.gr