Investment basement 195–300 m², central Kyiv, Velyka Vasylkivska

5,600,000 ₴

Sale/RentSale

Commercial real estate

2 weeks

Україна

Дніпропетровська область

Дніпро Get directions →

73485

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Published 2 weeks ago by Inga

5,600,000 ₴

In Commercial real estate category

73485 Дніпро, Дніпропетровська область, Україна

Get directions →

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Velyka Vasylkivska, opposite St. Nicholas Church, under the Adidas store. A basement space is offered in the very center of Kyiv with great potential for reconstruction and subsequent capitalization. The property is suitable for an investor or developer who can create added value, rather than simply buying ready-made commercial real estate. Characteristics - Official area — 195 m² - Potential area with possibility of expansion — over 300 m² - There is a prospect of arranging a facade entrance from Velyka Vasylkivska - Center of Kyiv with high car and pedestrian traffic Current condition At the moment preparatory work on the premises is being carried out: * new stairs and entrance group are being arranged; * electrical supply is being connected; * water supply and sewage are being connected. After purchase the new owner will need to: * remove remaining soil; * perform floor screed; * arrange a ventilation system; * complete the reconstruction of the premises; * formalize additional square meters. This is not a ready rental business, but an investment project with the possibility of significantly increasing its value after implementation. Development prospects The owners of the premises above the basement are ready to consider the possibility of creating a facade entrance by selling or exchanging part of their areas. This opens up the prospect of significantly increasing the liquidity and value of the property. A separate advantage is that a new premium residential complex, which will face the side of the current entrance to the premises, is planned to be commissioned by the end of December. This will significantly improve the surroundings of the property and the potential flow of people. Investment potential Even under a very conservative scenario: * after reconstruction about 250 m² are used; * 200 m² are rented out as office premises; * rent rate — UAH 400/m². In this case rental income will be: * UAH 80,000 per month; * approximately $1,800/month * about $21,600 per year; * over $215,000 rental income for 10 years without taking into account indexation of the rent rate. This is only a basic scenario. If a facade entrance is implemented, additional square meters formalized and the premises used for a more liquid commercial format, the property's potential may be significantly higher. Reason for sale The premises were purchased for a personal investment project. Due to lack of time I do not have the opportunity to engage in its implementation, so I am ready to transfer the property to someone who can fully unlock its potential. Details and viewings — by arrangement.

Published on 2026/07/31

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