9-Level 2,126 sqm Investment Building for Sale in Psyrri, Athens Center. Suitable for Residential Conversion.

Boasting a substantial 2,126 sqm across 9 levels, this remarkable commercial building presents an exceptional investment opportunity in Psyrri, the vibrant historic heart of Athens. Constructed in 1968 and maintained in good condition, this property offers robust characteristics for strategic repositioning and the creation of high-demand residential units or continued commercial use. Its central location places it amidst intense economic and tourist activity, just 400 meters from a Metro station, ensuring excellent accessibility. The building's functional multi-level layout supports diverse development scenarios. It features a 298.50 sqm basement, a 221 sqm ground floor with two existing commercial shops, and subsequent floors ranging from 161 sqm to 225 sqm, plus a 10 sqm rooftop storage. With an elevator, aluminum frames, mosaic floors, and unlimited views, the property is primed for renovation, allowing for a seamless transformation into modern residences or an upgraded office complex, catering to the strong demand for contemporary spaces in the city center. This is a rare asset in central Athens, offering significant value appreciation potential for developers. Its flexibility, combined with a strong commercial base and strategic location, makes it ideal for immediate investment or a comprehensive development project. Furthermore, this property may qualify for a renewable Greek residence permit, enhancing its appeal to international investors seeking opportunities in a thriving European capital.