# 306 m² Building with Warehouse and Renovation Potential – Central Corfu Town – €1,500,000 > Central Corfu Town building: approximately 306 m² over two floors, warehouse and 236 m² plot. Complete renovation required. €1,500,000. URL: https://chaserealestatecorfu.com/property/306-m%c2%b2-building-with-warehouse-and-renovation-potential-central-corfu-town-e1500000/ Last updated: 2026-11-14 --- **€1,500,000 | Approximately 306 m² across two floors | Warehouse | 236 m² plot | Complete renovation** **The Property** In the heart of Corfu Town, this substantial building offers an opportunity to create a new chapter for an established town property. Set on a 236 m² plot, it provides approximately 306 m² of existing accommodation across two floors, together with a warehouse. The asking price is €1,500,000. Chase Real Estate Corfu presents a property for buyers seeking a renovation project in a central urban setting. The building requires complete renovation, giving a future owner the opportunity to develop a considered scheme around its existing spaces, its character and the requirements of an intended use. **Existing Building and Layout** The property is arranged over two floors, with a warehouse also included. The existing rooms offer a starting point for an architect-led assessment of the building and its future layout. Both furnished and empty spaces are shown in the photographs, allowing buyers to see the current interiors rather than a proposed finished scheme. The interiors include a mixture of timber-toned floors, patterned flooring, timber ceilings and existing kitchen and bathroom spaces. These details give a sense of the building’s present character, while its overall condition calls for a comprehensive approach to renovation. Future room arrangements should be determined through a measured survey and a detailed design process. **Outdoor Space and Character** The photographs show a courtyard with planting and mature greenery, framed by the existing buildings. This outdoor space adds another dimension to the property, offering a setting that could form part of a wider restoration scheme, subject to the necessary approvals. The street-facing elevation and the courtyard present two different aspects of the building. From the street, the property forms part of the established townscape; within the courtyard, the focus turns to an enclosed outdoor environment. A sensitive renovation could respond to both, balancing the practical needs of a new use with the character of the existing property. **A Complete Renovation Project** This is a property for a buyer prepared to undertake substantial work. The opportunity lies in assessing the existing building as a whole, establishing what can be retained and restored, and developing a realistic programme for its next use. The purchase should be considered alongside the cost and scope of the renovation, professional fees and the approvals required for the intended scheme. An architect and engineer can investigate the structure, services and layout before a buyer commits to a particular design. That process will also establish how the warehouse relates to the main accommodation and how the available spaces can best work together. The advertised accommodation is approximately 306 m² across two floors, with the warehouse additionally included; no separate warehouse area has been specified. **Potential Future Uses** The central position and the scale of the existing building make it relevant to a range of investment ideas. Subject to planning permission, licensing and other necessary approvals, possible concepts include boutique visitor accommodation, serviced accommodation, offices, commercial premises or a mixed-use project. These are potential uses to explore rather than approved schemes included in the sale. A buyer can assess each option against the building’s characteristics, permitted uses and the practical requirements of their business plan. The property may also appeal to someone seeking to restore and reconfigure a substantial town residence, subject to the same professional checks and approvals. **Central Corfu Town Location** Corfu Town offers an established setting that combines residential life, commerce and the island’s visitor economy. The property’s central location places it within easy reach of historic streets, shopping areas, cafés, restaurants and everyday amenities. For a future owner, that surrounding activity is an essential part of the appeal. The town’s character is experienced through its streets and squares as much as through individual buildings. A property here allows a renovation project to take its place within an existing urban environment, with the opportunity to create accommodation or working spaces that respond to that setting. The gallery includes aerial location photographs showing the wider town and surrounding landmarks; these illustrate the area rather than views from every room. **An Opportunity to Shape the Next Chapter** For an investor or developer, this building offers the opportunity to start with an existing asset in the centre of Corfu Town and develop a scheme suited to a clearly defined purpose. Its two-floor arrangement, warehouse and courtyard setting provide several elements to consider together when planning the project. Chase Real Estate Corfu can arrange a viewing so buyers and their professional advisers can inspect the property, understand the current configuration and consider the next steps. An on-site visit is the best way to appreciate the relationship between the street frontage, internal rooms and outdoor space. **Key Features** Asking price €1,500,000. Central Corfu Town location. Approximately 306 m² of existing accommodation across two floors. Warehouse included, with its separate area to be confirmed. Plot of 236 m². Courtyard with planting. Complete renovation required. Potential for accommodation, office, commercial or mixed-use conversion, subject to the necessary permissions and approvals. **Who Are We** Chase Real Estate Corfu is a Corfu-based estate agency helping buyers and sellers across the island. We provide property information, arrange viewings and help buyers understand the next steps in their search. Contact our team for further details or to arrange a viewing.