Commercial property 390 m² in Limassol, Cyprus

Prime Commercial Property in Limassol Located on a prestigious commercial avenue in the heart of Limassol, this property offers exceptional potential for investment and development. Boasting easy access to all major arteries of the city and within walking distance to a variety of amenities, including the new port, this property provides both convenience and exposure in a thriving area. The plot spans 268sqm and features a versatile building that can cater to various business and residential needs. Building Breakdown: Ground Floor: Two commercial shops, each 32sqm, offering prime retail space with high foot traffic. Mezzanine: Two levels of mezzanine space, with 64sqm and 57sqm, perfect for additional commercial or office use. 1st Floor: A well-designed layout with a 1-bedroom apartment and 2 studios, totaling 117sqm with an additional 8sqm balcony. 2nd Floor: Currently unfinished, offering flexible space for further development, with 117sqm and an 8sqm balcony. With a building density of 140% and a 50% coefficient, the property allows for up to 4 floors with a height of 17 meters, offering substantial future development potential. Whether you’re looking to expand your business or invest in a high-demand area, this property provides a unique opportunity with strong rental and resale potential.