Shop 1834m² (1.600.000 €)

Large-Format Retail Property with Corner Frontage, Western Thessaloniki — Vacant, Income Potential   A rare large-format retail property of 1,834 m² across three levels, commanding a highly visible junction position in Eleftherio-Kordelio, western Thessaloniki. Offered with vacant possession, it is ready to be let, owner-occupied or repositioned — a generous commercial canvas for investors and operators alike. The ground floor, at 1,030 m², opens behind continuous full-height glazing on two sides of the corner, sheltered by a distinctive architectural steel canopy that runs along the frontage and gives the building a strong, legible street identity. A 133 m² mezzanine offers space for administration or additional display, while the 671 m² basement provides ample storage and back-of-house accommodation. The property was built in 2006 and carries energy class B (per available information, subject to verification). The scale and open format lend themselves to a broad range of uses — retail, showroom and trade-led concepts — subject to fit-out, licensing and technical review. The Location The property sits at the junction of main arterial roads in Eleftherio-Kordelio, a high-visibility gateway position on the western side of Thessaloniki. The surroundings combine commercial activity with dense residential housing and everyday retail, supporting a broad local catchment, and the area is served by the OASTH urban bus network. Investment Potential The asking price is €1,600,000, equivalent to approximately €872 per m² across the stated total area. On a rental assumption of €6 per m² per month applied to the full stated area, the property would generate approximately €11,004 per month (€132,048 per year), an indicative gross yield of 8.25%. This is a gross, before-cost illustration only; it excludes acquisition costs, taxes, vacancy, incentives, fit-out and operating costs, and market rent should be validated through independent due diligence. Ideal for investors seeking a substantial commercial asset in Thessaloniki, and for retailers or operators looking for a prominent, large-footprint address of their own.   Key Specs •     Type: Retail / commercial property •<span style="font-style: normal; font-variant: normal; font-size-adjust: n

Characteristics of this property

Location of the property