This administrative building with significant development potential is located in an attractive part of Libeň, directly on Sokolovská Street, within walking distance of the Invalidovna and Palmovka metro stations, offering quick connections to the city center.
Key investment highlights
Key investment highlights
- current gross floor area of the building: 700.11 m2
- current net floor area 512.61 m2
- floor area of offices 420.91 m2 (6 units)
- floor area of commercial space 91.7 m2 (1 unit)
- floor area of common areas 136.26 m2 (not included in net floor area)
- floor area of cellars 51.24 m2 (not included in net floor area)
- potential net floor area 754.84 m2 (after the realization of the attic extension)
- floor area of apartments 536.03 m2 (11 units)
- floor area of semi-residential units 32.82 m2 (1 unit)
- floor area of commercial space 82.56 m2 (1 unit)
- floor area of common areas 125.83 m2 (not included in net floor area)
- floor area of cellars 51.24 m2 (2 units)
- floor area of apartment loggias and terraces 52.19 m2
- calculations are based on the prepared architectural study, which is indicative only and has not been discussed with the relevant authorities
- land area: 309 m2
- zoning plan: SV – mixed-use
- the property is located in a heritage-protected area
- excellent public amenities in the immediate vicinity
- outstanding transport accessibility by metro and tram
- current office use does not fully exploit the property’s potential
- sale of SPV (share deal)
Property description
- 3 above-ground floors and 1 underground floor
- 9 office spaces, 1 commercial unit, 1 warehouse space, 2 cellars
- last renovation in 1998
Location
The Palmovka area in Libeň is still awaiting its full redevelopment and is one of the most promising parts of Prague’s wider city center. Key projects that are expected to significantly transform the area include the emerging Nová Palmovka Centrum. The former industrial district benefits from its proximity to the historic city center and excellent transport connections by metro and tram. The surroundings offer a wide range of restaurants, shops, and leisure activities, from golf courses and bike paths to social and cultural opportunities in the neighboring Karlín and the Libeňský přístav area.
Disclaimer
All visualizations, presentations of possible future states of the property, and the architectural study provided as part of this listing are intended solely for marketing and indicative purposes. These materials do not constitute an approved project and have not been pre-approved or authorized by the relevant administrative authorities; their realization is subject to compliance with legal requirements and the obtaining of all necessary permits.
Facilities
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Cellar
