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Commercial Corner Building for Sale in Nicosia Project №182165

182165
https://dom.com.cy/upload/uf/bf8/t40qw1809n8e7fhd8m6y5v3jflyerqu6.jpg
Additional:
Furniture
Air Conditioner
Parking
Storage
Elevator
Toilet
Conference hall
Description:

We are pleased to present a commercial building located at the corner of Makarios Avenue and Papanikoli Street — a prime intersection in one of Limassol’s most active commercial zones.

The building consists of 5 ground floor retail units, including mezzanine levels, with a combined area of approximately 495 sqm. The upper levels are organized as follows:

1st Floor: 2 office units, total area 337 sqm

2nd Floor: 2 office units, total area 337 sqm

3rd Floor: 2 office units, total area 337 sqm

Basement: 434 sqm of covered parking

This is a corner property with excellent visibility and future rental potential. The building is currently vacant, as the owner has paused leasing with the intention to sell.

Previously, the property generated an income of €15,000 per month, offering an attractive value-add investment opportunity for buyers seeking to renovate and reposition the asset in the market.

For more information, please feel free to contact us.

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Object
№182165
Type:
Commercial
City:
District:
Complex:
Developer:
Total area:
1940 m2
Land area:
788 m2
Internal area:
1506 m2
Storey:
3
Year of construction:
1990
Energy efficiency class:
B
Payback:
14 years
ROI:
7.5%
Covered parking spaces:
11
Open parking spaces:
4
2 300 000 EUR
1 186 EUR/m2
2026-04-07T06:53
182165
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