In the heart of the business axis of Kifisias Avenue, in the Municipality of Marousi, a commercial building is available for sale with a long-term lease and immediate return. Additionally, it includes an adjacent ground-floor retail space, offering significant potential for additional income and further enhancement of overall yield.
Key Features
• Total Built Area: 2,013 sq.m.
• Sale Price: €2,875,000
• Leased Until: 17/03/2031-Monthly Income: €10,460 -Annual Yield (2024): ~4.37%
Detailed Property Breakdown
1. Office Spaces
• Basement: 198 sq.m.
• Ground Floor: 169 sq.m.
• 1st Floor: 164 sq.m. (Leased)
• 2nd Floor: 164 sq.m. (Leased)
2. Adjacent Ground-Floor Retail Space
• Area: 316 sq.m.
• Status: Vacant — with excellent potential for a new lease, which can increase total income and further strengthen the investment yield.
3. Storage Units (10 total)
• Total: 50.58 sq.m.
• Storage units no. 15-18: 4 × 3.60 sq.m.
• Storage units no. 1-6: from 4.32 to 12.24 sq.m.
4. Parking Spaces (23 total)
• Total: 287.50 sq.m.
• Basement Level A: 19 spaces (no. 1-19 × 12.50 sq.m.)
• Basement Level B: 4 spaces (no. 20-23 × 12.50 sq.m.)
This is a rare investment opportunity in one of Athens` most dynamic and developed business areas. The combination of stable income from the long-term lease together with the potential of the adjacent retail space makes this property a unique proposal with prospects for increased yield and future capital appreciation.
Price: 2.875.000€.
Isqm real estate Ι.Κ.Ε., Tel: +30 210 9718592, email:
[email protected] Attention: In order to visit or receive documents, floor plans for the property, it is necessary to indicate or send with email your ID card & passport according to Law 4072/11-4-2012
2% + vat buyer’s agent fee
