Three-storey mixed-use building in Panagia, Nicosia – id S835

This three-storey mixed-use building presents an investment opportunity in the heart of the Panagia Quarter, Nicosia. Perfectly positioned for both commercial and residential demand, the property offers a versatile layout with significant income potential.andlt;brandgt; andlt;brandgt; Property Configuration:andlt;brandgt; Ground Floor andamp;amp; Mezzanine: Features 11 commercial retail units with mezzanines (including two unified units). Currently, three units are occupied, providing immediate rental income.andlt;brandgt; Residential Conversion: A former large two-storey apartment has been expertly divided into four independent units: two ground-floor apartments and two mezzanine-level apartments.andlt;brandgt; Upper Floor: Comprises four spacious apartments, all currently vacant and ready for immediate renovation or leasing.andlt;brandgt; andlt;brandgt; Location andamp;amp; Connectivity:andlt;brandgt; Situated in the area of Nicosia Municipality, the building is strategically located:andlt;brandgt; 100m East of the Pallouriotissa high school.andlt;brandgt; 820m Northwest of John Kennedy Avenue, ensuring easy access to major commercial hubs and public transport.andlt;brandgt; andlt;brandgt; Investment Potential:andlt;brandgt; With a mix of active retail leases and vacant residential units, this property is ideal for investors looking to capitalize on the 2026 Nicosia rental market through a multi-stream income strategy.andlt;brandgt; andlt;brandgt; Energy Performance Certificate is pending.