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Commercial Mixed Used property for sale in Strovolos area, Nicosia

USD 5,199,138

Misc & Unspecified (For sale)

15,931 sqft
lot 25,080 sqft
Reference: WJTH-T2040 / 47149
Located in Acropolis.
Commercial Mixed Used property for sale in Strovolos area, Nicosia. The property is situated close to Anthoupolis roundabout. The surrounded area offers several amenities (schools, pharmacies, cafes) and easy access to main roads. It is also located at a strategic location, near Limassol Avenue, a bustling commercial hub, ensuring high visibility, traffic and parking spaces as well, and near Three-Road Frontage, factor that offers an exceptional accessibility from all directions, ideal for businesses seeking maximum exposure. The property consists of two adjacent plots, the first with internal area of 511sq.m. and the second one with 1819sq.m. There is a display area of 200sq.m of internal area, a warehouse of 480 sq.m. of internal area and an office place of 800 sq.m of internal area into the second plot. The potential for revitalization or redevelopment is great, making it an attractive prospect for various business ventures. It also presents a variety of opportunities for businesses, including showrooms, DIY centers, warehouses, and various other uses in alignment with local planning regulations and potential planning authority approvals. The plots fall within planning zones Εβ2, with 160% of building density, coverage of 50%, and permission for 6 floors (24m) of construction.
View more View less Located in Acropolis.
Commercial Mixed Used property for sale in Strovolos area, Nicosia. The property is situated close to Anthoupolis roundabout. The surrounded area offers several amenities (schools, pharmacies, cafes) and easy access to main roads. It is also located at a strategic location, near Limassol Avenue, a bustling commercial hub, ensuring high visibility, traffic and parking spaces as well, and near Three-Road Frontage, factor that offers an exceptional accessibility from all directions, ideal for businesses seeking maximum exposure. The property consists of two adjacent plots, the first with internal area of 511sq.m. and the second one with 1819sq.m. There is a display area of 200sq.m of internal area, a warehouse of 480 sq.m. of internal area and an office place of 800 sq.m of internal area into the second plot. The potential for revitalization or redevelopment is great, making it an attractive prospect for various business ventures. It also presents a variety of opportunities for businesses, including showrooms, DIY centers, warehouses, and various other uses in alignment with local planning regulations and potential planning authority approvals. The plots fall within planning zones Εβ2, with 160% of building density, coverage of 50%, and permission for 6 floors (24m) of construction.
Reference: WJTH-T2040
Country: CY
Region: Nicosia
City: Acropolis
Postal code: 2014
Category: Residential
Listing type: For sale
Property type: Misc & Unspecified
Property size: 15,931 sqft
Lot size: 25,080 sqft
No. of levels: 1
Floor: 1

SALE PRICE PER SQFT IN NICOSIA

Average sale price per sqft
Oct 2023
3 months
1 year
House
USD 199
+5.9%
+13.8%
Apartment
USD 232
+4.2%
+10.6%
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AVERAGE HOME VALUES IN NICOSIA

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REAL ESTATE PRICE PER SQFT IN NEARBY CITIES

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