Different purpose in Bucharest

€ 1,964

Description

Undoubtedly the most sought after location for tourism, entertainment and shopping in downtown Bucharest, the Old City Center is the only pedestrian area in Bucharest with a high potential for development and growth. The area has transformed completely in the past years, as a lot of buildings have been restored and new investment is pouring in.

Lipcani 26 has a Prime Location on Lipscani street, the most important area in the Old City Center and the area with the highest pedestrian traffic . Moreover, the building is located at the intersection of Lipscani Street and Smardan Street, the focal point of the Old City Center, next to important Landmarks such as the Romanian National Bank building, the BCR Bank building, H&M concept store and others .

Lipscani 26 is a historical monument which has been preserved and restored to its former glory. Located in the heart of the Old City Center and built in 1884, the building hosted a number of commercial activities throughout its life such as libraries, company headquarters, book shops.

Total Built Area: 2,800 square meters • Layout (S + P + 3 + M): • Basement • Ground Floor • 3 Floors • Attic • 450 Sq M per floor • High ceilings: 4,5 Meter clear height • Wide frontage • Open space layout Concept Lipscani 26 offers exceptional exposure and benefits from a wide store front, as it is one of the few buildings in the area suitable for modern commercial use. The window display on the Ground Floor is particularly generous. The open space layout of all the floors and the generous area per floor offer flexibility for anytype of commercial use whether it is retail or offices. Due to this flexibility the building can be easily reconverted for hotel or residential use as well.


Property details

Floor
5
Close to
Park
Type of location
City center
Number of premises
2
Type of parking
Covered
Rental income
50000 Euros/month
Ownership type
Proprietary
Payback period
9
Last renovation
2017
Year of construction
1884

Location

Bucharest

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