Property Details
- Property Refrence: 45991
- Agent:
- Property Type: Other
- Property status: Rentals
- Property Price: € 860,000
- Bedrooms: 0
- Bathrooms: 0
- Built: N/A
- Country: Cyprus
- Region: Strovolos
- City: Acropolis
Description
Location • Ideally positioned this impressive commercial property enjoys one of Nicosia’s most sought-after business addresses. It offers exceptional visibility and effortless accessibility. • The area is a thriving commercial hub, home to a variety of businesses, shops, and offices, while also benefiting from nearby residential neighborhoods. • Its strategic location provides direct and easy access to Nicosia’s city centre as well as the Nicosia–Limassol motorway. External Features • The property forms part of a modern, well-maintained commercial building that enjoys a strong presence. • It offers both covered and uncovered parking facilities, including two basement spaces (one covered) and three uncovered parking spaces on the ground level—an invaluable advantage for staff and visitors. • Access to the basement is available directly from the ground-floor shop as well as from the parking area, ensuring convenience and functionality. Internal Characteristics The asset consists of three interconnected yet distinct levels, offering flexibility for a wide range of business uses: • Ground Floor Shop (214 sqm): A spacious open-plan layout complemented by auxiliary spaces and a mezzanine of 75 sqm, ideal for a showroom, retail outlet, or customer service area. • First Floor Office (96 sqm): A bright, open-plan workspace featuring a welcoming reception area and hygiene facilities. With a separate entrance, it can function independently or in conjunction with the ground-floor shop. • Basement (150 sqm): A generous open-plan storage area providing ample room for stock, archives, or support operations. It is accessible both from the shop and the parking area for easy logistics. Advantages & Special Features • This versatile property offers an outstanding investment opportunity in a highly desirable commercial location. • Its prime frontage on one of Nicosia’s busiest avenues guarantees excellent visibility and constant exposure to passing traffic. • The combination of retail and office space under one roof provides exceptional flexibility for business owners or investors seeking rental income from multiple units. • Additional highlights include ample parking, direct basement access, and modern infrastructure within a professionally maintained building. The property falls within Commercial Planning Zone Εβ3, allowing for a building density of 160%, coverage of 50%, development up to 6 floors, and a maximum height of 24 meters—offering future development potential in one of the city’s key commercial areas.