In a TOP business location in the city, SProperties offers for sale an investment building, a cultural monument built in 1910 by the renowned architect Nikola Lazarov. Its client was the famous Varna merchant and public figure Nikola Yuchormanski. Even then, this building became a calling card of the street. It was extensively restored by a bank 25 years ago, both structurally and with attention to all details. Subsequently, it underwent two more reconstructions. The last one was in 2025, when the building and its facade were completely restored.
This renowned building is constructed on a 340 sq.m. plot and has a total built-up area of 1700 sq.m. It consists of a ground floor with an intermediate level, three floors with heights of 3.25m, and a fifth attic floor with heights ranging from 1.80m to 5m, as well as a basement (which is not included in the presented built-up area). The building is in excellent condition and is currently used by a bank. The property is suitable for a multi-family residential building, as well as for an administrative building, hotel, clinic, consulate, kindergarten, school, and more. Each floor has designated offices and conference rooms, with an area of 300 sq.m. There is an option to install an elevator if necessary. VAT is NOT charged on the listed price.
The area is extremely communicative and business-oriented. It is centered with numerous offices of banks, insurance companies, representations of various firms, notary and law offices, as well as galleries, cafes, and restaurants. Here, business is maximally developed, and owning such a building of this nature is a prestige and strategic investment.