Two Commercial Buildings for Sale in the Heart of Nicosia, Trypiotis Area (ex-Woolworths)

Description

A prime investment opportunity in the heart of Nicosia, within walking distance to Eleftheria Square, The Landmark Hotel, and Makariou Avenue. Ideal for commercial development with high building density and mixed-use potential.

📍Property 1: Multi-Level Commercial Complex with Retail, Offices and Restaurant Use

Former Woolworths premises

📐Plot size: 2,438 m²
📐Enclosed area: 4,426 m²

Land Zoning Information:

Zone ΠΕΖ (62%): 250% Building Density, 70% Coverage
Zone ΕΖ-κ (38%): 200% Building Density, 60% Coverage, 6 Floors (24m Height)

Layout:

Ground Floor:

3 commercial units including:

Cosmetics store with two entrances, escalator, two lifts, and staircase
Supermarket with corridors, refrigerators, kitchenette, and four checkout points
Office unit with loading bay, three office spaces, two elevators, and WC

Basement:

Supermarket cold storage
Clothing retail area
Fitting rooms

First Floor:

Large open-plan retail space
Fitting rooms
Male and female WC
Server room

Second Floor:

Restaurant/Cafeteria with dining area, kitchen, storage, cashier, male and female WC
Staff area with lockers, kitchen, meeting room, and cleaning space

Parking:

🅿️On-site dedicated open parking space

Additional Units on the Same Plot:

Detached two-storey house
Electric substation
Cafeteria
Large retail store

📍Property 2: Mixed-Use Building (Retail & Residential Use)

📐Plot size: 526 m²
📐Enclosed area: 746 m²

Zoning: ΠΕΖ – 250% Building Density, 70% Coverage

Layout:

Ground Floor: Retail shop

Floors 1–2: Three apartments

Key Advantages:

- Prime central location in Trypiotis, Nicosia
- High-density zoning with substantial development potential
- Exceptional accessibility and visibility
- Mixed-use potential (Retail, Office, Residential, Hospitality)