Investment Retail Property for Sale in Kalamaria, on Passalidi Street
An excellent investment opportunity in a highly commercial and well-established area of Kalamaria, located on Passalidi Street.
The property is currently leased at €1,350 per month, offering immediate and stable rental income from day one. The asking sale price is €360,000, corresponding to an approximate rental yield of 4.5%.
Its location in one of Kalamaria’s most active commercial areas, with strong visibility, steady foot traffic and consistent demand for retail and professional spaces, enhances both its current investment value and its long-term potential.
An ideal choice for investors seeking a tenanted commercial property with immediate income and attractive yield.
Sale Price: €360,000
Monthly Rent: €1,350
Yield: approx. 4.5%
Property Code: 14967
- ID
- 14967
- Area
- 159 m²
- Price per m²
- € 2,264
- Neighborhood
- Center (Kalamaria)
- Zone
- Commercial zone
- Rooms
- 2
- Floor
- Ground floor
- Construction year
- 1968
- Renovation year
- 2025
- Heating System
- Autonomous heating system (Current)
- Energy class
-
D
- Levels
- 2
- WC
- 1
- Status
- Renovated, Painted
- Extra
- Investment
Features
- Airy
- Lot size: 300 m²
- Internal stairs
- Air condition
- Without Monthly shared expenses
- Shop window length: 3 m.
- Road type: Asphalt
- Facade
- Current: Three phase
- Floors Type: Ceramic floor tiles
- Bright