2 weeks Ago
A vacant property with investment potential located practically on the corner of St Stephen’s Green and Grafton St has come to the market with a guide price of €2.5m. The four-storey premises comprises 3,565 sqft of which 1,901 sqft offers a generous open-plan ground-floor area.
It is zoned ‘Z5 City Centre’ in the Dublin City Development Plan 2022-2028. This zoning encourages mixed-use development, adding potential for a variety of uses subject to planning permission. Jennifer Prunty of Lisney and Stephen McCarthy of Savills are jointly handling its sale.
With signs that values of commercial properties on Grafton St have stabilised, this sale presents a rare opportunity to acquire a high-profile retail and office building in one of Dublin’s most sought-after locations overlooking the main entrance to St Stephen’s Green Park. It is also close to two of Dublin’s premier shopping streets, Grafton St and South King’s St, home to renowned international brands like Massimo Tutti, Canada Goose, Zara, Hugo Boss, Lego, Swatch and Brown Thomas. This prime location offers high visibility and footfall appealing to both retail and office investors, as well as owner-occupiers.
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