Sale, Commercial, Warehouse

For Sale: Leased Commercial Property, 722 sq.m. – Central Argyroupoli – €690,000 Our real estate agency presents for sale a fully renovated commercial space of 722 sq.m., occupying the entire first basement level of a commercial building comprising retail units and offices, in the heart of Argyroupoli, with direct access to Vouliagmenis Avenue and public transportation. The property features a loading and unloading ramp allowing access for vans, a 3-ton-capacity industrial lift, and additional access via the building’s staircase. It also includes a 10 sq.m. ancillary space suitable for office or reception use, an alarm system, security cameras, electric security shutters, and LED lighting throughout. The space is suitable for warehousing, logistics, e-commerce operations, order fulfilment, and related business activities, subject to permitted property uses. The property is sold with an existing 7-year lease, generating a monthly rental income of €2,600, equivalent to €31,200 annually, with a 3% annual rent increase in accordance with the lease terms. The initial gross annual rental yield is approximately 4.52%, offering an attractive investment opportunity with the potential for rental income growth over the lease term. Asking Price: €690,000 For further information or to arrange a viewing, please contact our real estate agency.