Athen — Koukaki | Gewerbeimmobilie Zum Verkauf 570 Qm In Erstklassiger, Exponierter Lage

Athens – Koukaki | Investment Commercial Property for Sale 570 sq.m. in a Prime High-Exposure Location with Strong Yield

In the heart of Koukaki, one of the most commercial, touristic, and rapidly developing areas of Athens, a unique commercial property of 570 sq.m. is available for sale, situated in an exceptional location with high commercial activity and strong foot traffic. The property is located very close to a pedestrian street, hotels, Airbnb accommodations, companies, public services, and university institutions, just 150 meters from Panteion University, 100 meters from Syggrou-Fix Metro Station and tram stop, and only 800 meters from the Acropolis and the historic center of Athens. The area is considered one of the top investment destinations in the capital, with continuously increasing demand for commercial spaces related to food & beverage, retail, and tourism services. The property is directly opposite a park, offering the possibility of outdoor seating both in front of the store and within the park area, creating ideal conditions for a restaurant, all-day café, delicatessen, or premium food concept.

The property consists of a 290 sq.m. ground floor and a 280 sq.m. basement, with frontage on three different streets, offering excellent visibility and easy access. It was fully renovated in July 2022 and is in outstanding condition, ready for immediate operation. It is fully equipped for use as a supermarket, delicatessen, food & beverage establishment, or premium hospitality venue, featuring a professional kitchen, bar, and complete professional equipment. The ground floor includes public restrooms as well as an accessible WC for people with disabilities, a second entrance with a loading/unloading ramp, and a professional freight elevator for easy transportation of goods.

The basement includes large storage areas with shelving, office spaces, two additional restrooms, staff locker rooms, specially designated areas for detergents and expired products, as well as a fully equipped control room with monitoring systems connected to 35 security cameras. There is also a separate air-conditioned server room with structured cabling connected to the offices and cash registers. The property features autonomous professional cooling and heating systems independent from the building, ventilation system, fire protection system, alarm system, water leakage alarm in the basement, three-phase electricity, aluminum frames, suspended ceilings, internal staircase, storage areas, and security doors. The sewage system is also fully independent from the apartment building. The property holds a license for a food & beverage business with multiple operational activity codes.

The property is currently leased until August 10th, 2028, with a monthly rental income of €5,700, providing immediate and stable income for the investor. With a sale price of €900,000, the annual gross yield is approximately 7.6%, making it a highly attractive investment opportunity for a commercial property in such a central and rapidly developing area of Athens, with secured tenancy and significant future appreciation potential.