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Commercial Building for Sale on a Main Avenue

  • €3,500,000
Limassol

Overview

Property ID: F372
  • Buildings - Investments
  • Property Type
  • 2386

Details

Updated on March 2, 2024 at 11:24 am
  • Property ID: F372
  • Price: €3,500,000
  • Property Size: 2386 m²
  • Property Type: Buildings - Investments
  • Property Status: For Sale

Description

The building is situated on a main avenue, offering top business location and easy access to the highway, new port and town centre. The plot is 1150m² and the building has 4 levels plus basement, of total covered area of 2386m².

– Basement 850m²
– Ground Floor 300m²
– Mezzanine 117m²
– 1st Floor 165m² +34m² uncovered verandas
– 2nd Floor 370m² +34m² uncovered verandas
– 3rd Floor 334m² +34m² uncovered verandas
– 4th Floor 250m² +34m² uncovered verandas

The ground floor consists of a showroom with mezzanine level which accommodates the offices.
The first floor consists of 4 studio apartments currently rented on a long term basis.
On the second floor there is office space accommodating a shipping company while the 3rd floor comprises of additional offices. The 4th floor comprises of 7 studio apartments and there is also 100m² available office space.
850m² basement area can be used as warehouse.

The building has a return on investment of 5%

Address

  • City Limassol
  • Country Cyprus

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All information provided herein has been obtained from sources believed reliable, but may be subject to errors, omissions, change of price, prior sale, or withdrawal without notice. Arena Properties Real Estate and its affiliates make no representation, warranty or guaranty as to accuracy of any information contained herein.

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