Shop - Commercial property for Sale

Investment Property – Historic Center, Chrmastiriou Square | Price: €380,000 In the heart of Thessaloniki’s historic center, next to Chrmastiriou Square, on a street with high commercial traffic, a commercial space of 210 sq.m. is for sale, suitable for healthcare use, but also for other business or investment purposes. Details: -70 sq.m. ground floor with display window. -70 sq.m. basement (ideal for storage or support functions). -70 sq.m. mezzanine with comfortable height. -2 WC. -Year of construction: 1980. -Rear yard available. -Flooring with wood & tiles. -Allows installation of activated carbon filters for healthcare use. Important new information: According to the building’s statute, the property can be split into two independent units, utilizing the rear yard to create a 120 sq.m. residential unit with garden, while keeping the front commercial space. This means the property can be used as mixed-use (store in front, residence in back), or converted into a maisonette at the back with separate access, while the store remains functional. Investment return: The area shows high rental demand, with stores on the same street renting for: -€1,800/month. -€1,600/month. This property is estimated to generate €2,000/month rent for the store, while the rear residence can bring additional income or increase resale value, making it an excellent investment opportunity. The mixed-use annual return is estimated at 6.32%, with potential further increase through splitting. Golden Visa: With the conversion of the rear unit into a residence or maisonette meeting the current special legal requirements (€250,000 route), the property can qualify for a Golden Visa, adding further investment value. Suitable for: -Food service or take-away (with proper specifications). -Concept store / showroom. -Multipurpose / art studio. -Retail / offices.Mixed-use store + residence / maisonette.