Priced at an attractive €1,800,000, this exceptional 1,896 sq.m. commercial building on Patision Avenue offers a unique investment opportunity in the heart of Athens. Situated on a 369 sq.m. plot, this meticulously renovated property, originally built in 1938 and fully refurbished in 2021, seamlessly blends historic architectural identity with modern functionality. It is strategically located just 650 meters from a metro station, ensuring excellent connectivity throughout the city.
Spanning eight levels, the building features a versatile layout, including two shops totaling 713.5 sq.m. across the basement, ground, and first floors, complemented by eight apartments encompassing 898.5 sq.m. from the second basement to the fifth floor. An additional 284 sq.m. of auxiliary space provides storage and utility areas, while a charming 60 sq.m. garden to the rear offers natural light and potential for further enhancement. Modern amenities such as an elevator, structured cabling, double-glazed aluminum frames, wooden floors, an alarm system, and central oil heating ensure comfort and efficiency.
This distinguished property presents diverse development possibilities, ideal for tourist accommodation, an educational institution, a co-living concept, or a mixed-use commercial and residential complex. Boasting a 10-meter facade with bright 50 sq.m. balconies offering open views, this landmark building is a prime urban investment and may qualify for a renewable Greek residence permit.