Kungsgatan 16 - Avesta

Central in Avesta – management property with potential

Kungsgatan Butik Center is located in a signposted position facing the pedestrian street in the very centre of Avesta and comprises approx. 3,038 sqm of retail, office and six residential apartments. A stable base of local tenants – restaurant, sushi, minimarket, pizzeria and more – is combined with several vacant premises that give a new owner a clear rental upside, with a full rental value of approx. SEK 2.8 million per year. The mix of retail and residential provides risk diversification in a location with good long-term demand, and the property is sold as a share deal – a complete package for those who want to refine rather than buy a finished cash flow.