The bohemian Metaxourgeio, a neighborhood with a cultural and artistic character, is full of performing arts-theatre spaces, as well as studios and galleries where works by Greek and foreign artists are presented. For example, personalities who lived and were active in the area are mentioned: Arleta, Alekos Livaditis, Tassos Livaditis, Roula Pateraki, Antonis Samarakis, Sotiris Spatharis, Elli Tryngou, Sofia - Theodora Giltizis, Giorgos Tsakiris, Alekos Fasianos. The focus of the area is the green Avdi Square, a popular meeting point between bustling bars and trendy shops, the municipal art gallery (a neoclassical building, a former silk processing factory), and Karaiskaki Square an important urban hub of Athens. Street art adorns brick walls and green spaces, while neoclassical buildings house cafes and takeaways. In general, the area has deteriorated over the years, in recent years, the regeneration of some areas of the area has begun, the touristic development is becoming more and more noticeable, while the positive prospects, as well as its upgrading, are taken for granted. The property as part of the "history" of Metaxourgeio has optimal value as a plot of land as the existing building is deemed demolishable. The first permit for the ground floor was issued in 1937, while the rest for the other two floors later (1948, 1954).As a plot of land, it is ideal for the development of rental apartments. It is flat (6.5 meters front, 20 meters deep), polygonal, it builds 369.6m², with a coverage factor of 70%, a height factor of 15.5 meters, and a floor factor of three. Metaxourgeio metro is 270 meters away, Omonia square 850 meters, and there is direct access to various bus stops and central roads. A property with a good perspective, and investment profile, in an area with timeless charm, which is slowly but surely being upgraded, and transformed into a unique destination of cultural, artistic, and touristic interest.