Iconic investment corner building of 1,000 sq m, with 3 stories in Thessaloniki’s Historic Centre

Iconic Corner Historic Building in Thessaloniki’s fastest-growing tourism and business district, available for a 30-year long-term concession. It is one of the city’s most recognisable listed corner buildings and could be transformed into a leading 4-star Boutique Hotel or a modern corporate headquarters, located at the absolute heart of the city’s transport, tourism and commercial activity.

The building extends over 4 levels—a ground floor with mezzanine, first floor and second floor—with a total area of 933.10 sq.m., with the possibility of configuring an additional 327.10 sq.m. of basement space for mechanical installations, linen rooms, storage and ancillary uses.

It could be converted into a 24-room hotel of high aesthetic standards, featuring an interior arcade, lobby, and a ground-floor restaurant and bar with independent access for external customers. Given that Thessaloniki consistently records high occupancy rates and a continuing increase in average room rates, particularly in historic buildings in the city centre, this represents a highly attractive investment opportunity.

It could also be converted into a self-contained, high-specification office building for technology companies, shipping firms, multinationals or consultancy groups seeking a strong corporate image (branding) and accessibility next to the Metro.

Condition & Architectural Value

• Restored Façades: The exterior eclectic-style façades have been conserved and painted, highlighting the elaborate cornices, arched fanlights and metal balconies.
• Preserved Interior Features: Authentic plaster decorations on the ceilings.
• Ready for Development: The building is vacant and ready for complete interior reconstruction, structural reinforcement and adaptation to the new investor’s specifications.

The property’s ultimate advantage is its location at the heart of the city centre’s business and tourism redevelopment:

• “Dimokratias” Metro Station (100 m): Direct connection to the entire urban area and “Makedonia” Airport, making the property accessible to millions of visitors and commuters every day.
• Thessaloniki Port & Cruise Facilities (400 m): Just steps from the gateway to maritime tourism, at a time when homeporting and cruise activity are recording historic growth.
• Ladadika, Modiano Market & Kapani (200–400 m): At the heart of nightlife, gastronomy and the traditional market, ground zero for traveller accommodation.
• Aristotelous Square & Waterfront (800 m): Direct access to Thessaloniki’s principal promenade and leisure axis.