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182 sq.m. Investment Property with Shop, Apartment and Redevelopment Potential in Ilioupoli

In Ilioupoli, a 182 sq.m. mixed-use building is available for sale on a 167 sq.m. plot, consisting of a ground-floor shop of 85 sq.m. and a 1st-floor apartment of 97 sq.m.. This is a property that can be evaluated both as an immediate-use asset and as an opportunity with future upgrade or repositioning potential.

The 1st-floor apartment includes 3 bedrooms, a kitchen, a living room, 1 bathroom and 1 WC, while the ground-floor commercial space adds practical and investment value to the overall asset. This structure creates a flexible framework for residential use, business use or mixed investment use.

Key Investment Highlights

Total building area: 182 sq.m.
Ground-floor shop: 85 sq.m.
1st-floor apartment: 97 sq.m.
Plot size: 167 sq.m.
According to the 2016 topographic plan: 167.50 sq.m.
Plot frontage: 10 m.
Buildable and legally compliant plot: Yes, according to the 2016 topographic plan
Recorded building coefficient: 1.80, according to the 2016 topographic plan
Year of construction of the ground floor: 1972
Year of construction of the apartment: 1980
Price: €390,000 negotiable

Why It Stands Out as an Investment

Combines commercial and residential use within the same property
Offers flexibility for owner-use, leasing or mixed-use positioning
Urban plot with 10 m. frontage
Recorded building coefficient of 1.80 based on the 2016 topographic plan
Appealing option for buyers assessing a mixed-use asset with future potential

Location & Commercial Practicality

The property is positioned in an area that combines daily convenience and accessibility. It is next to a park, close to the local market, retail stores and public transport, and approximately 15–20 minutes on foot from Agios Dimitrios Metro Station and Athens Metro Mall. In addition, it is approximately 500 metres from the Ano Ilioupoli street market, further supporting the practicality of the location for both residential and potential commercial use.

Broader Investment Context

Ilioupoli is a well-established area in southern Athens with steady everyday demand, convenient access to major roads, retail infrastructure and metro connections. At the same time, the broader momentum of southern Athens and the coastal zone supports the long-term attractiveness of mixed-use assets, without constituting any guarantee of future performance.

Who This Property May Suit

Investors looking for a mixed-use building in Athens
Professionals seeking to combine business premises and residence
Buyers evaluating upgrade or repositioning potential
Interested parties assessing a plot with an existing building and planning-related upside

Note: The information regarding buildability, legal compliance, plot size of 167.50 sq.m. and the recorded building coefficient of 1.80 is based on the 2016 topographic plan. A technical, legal and urban-planning review by qualified professionals is recommended before any final acquisition or development decision.

Property Code: OE-182-HL-E-01

View the listing: https://www.odysseyestates.gr/en_GB/services/5582