Mixed-Use Corner Building on John Kennedy Avenue, Agioi Omologites, Nicosia

Description

This mixed-use building holds a prominent corner position on John Kennedy Avenue and Andrea Araouzou Street in Agioi Omologites, Nicosia — just 450 m from Nikis Avenue and the Ministry of Energy, Commerce and Industry, with excellent proximity to the city center and all amenities. Built in 1986 within a land area of 578 m², it offers a covered area of 1,500 m² plus a 325 m² basement with parking and storage, 170 m² of mezzanines and 98 m² of covered verandas. The building comprises three ground-floor retail units with mezzanine and flats and/or offices on the upper floors; two of the retail units are vacant, while the corner unit operates as a kiosk. Located within Commercial Zone ΕΒ3 allowing 160% building density and up to six floors, it presents a solid income-and-redevelopment opportunity in one of Nicosia's most established business districts. The sale will be executed through a Sales Purchase Agreement.