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Property in the heart of the Market of Kalamaria of Thessaloniki

€4.000.000

Mixed use

#33796

Core+, Value-Add

1 Apr 2024

Property Details

Owner

For sale

1,029 m²

Leasable area

3,887 €/m²

4.00 %

Freehold

X

Fees

Investment Overview

Property for Sale on Ethnikis Antistaseos Street, number 30, right across from the "Sklavenitis" Super Market, in Kalamaria of Thessaloniki. The Property has two corners and three faces, Ethnikis Antistaseos Street, Koritsas Street and Palamas Street, consisting of: - ground floor area of 442 m2, with a loft area of 205 m2, accessible by a majestic staircase, while both areas are paved with marble slabs, - daylight basement area of 370 m2, being almost like a ground floor and easily accessible from the side of Palamas Street by a light truck, since it has a ramp with a small slope, while this area has natural lighting from the side of Koritsas Street, the uncovered area of the building and of course from Palamas Street, and - other areas and property rights that rise the total percentage of the co-ownership of the building (and therefore of the total area of the plot: 524 m2) to about 50%. The ground floor and the basement have a separate entrance each and are two autonomous and legally distinct properties. The Property also has two significant points of reference: - exactly next to the former famous Greek Tavern "KRIKELAS" and - right across from the "Sklavenitis" Super Market, the largest one in Kalamaria. After a few only months, there will be a Metro Station, named "Nomarchia", at a distance of around 800 m from the Property. Since, in the current situation, only about 75% of the property for sale is immediately available for rent, the property in question is not intended for a buyer who plans to exploit it by rental only. It is more suitable for a big company that wants to use it as its headquarters and central facilities. For a very specific reason the rent is low, however today an effort is underway to increase it. In any case, the sellers can guarantee a minimum monthly income of €7,000, while there is also the possibility of immediate exploitation of the roof using photovoltaics on an area of at least 250 m2. Price: €4,000,000.