14
EGP76,000,000
Asyut City, Asyut
10+ Beds
10+ Baths
240 Sq. M.

Exceptional Investment Building for Sale in Assiut Near the University and Hospitals | Commercial & Residential Property with High Income Potential

An outstanding investment opportunity in Assiut, ideally located in Midan Al-Mushaf, near Sayed Factory, Assiut University, and the city's major medical district. This strategic location offers exceptional visibility, continuous commercial activity, and excellent accessibility, making it one of the strongest investment opportunities currently available in Upper Egypt.
The property sits on a 240 sqm land plot with a 12-meter frontage on a main street. The building contains 12 residential apartments, with each floor divided into two units. The apartments feature clean, older-style finishes, while the top floor has been completed to the plaster stage, allowing the future owner to finish it according to their preferred specifications.
A major advantage of this property is that the ground floor and basement are fully commercial. The commercial components include:
  • A hypermarket occupying approximately 200 sqm.
  • A medical supplies store of approximately 30 sqm.
  • A basement currently leased to a gym under a three-year rental agreement.
All residential apartments are currently vacant, providing complete flexibility for redevelopment, leasing, or conversion into a larger investment project. Several apartments were previously rented to university students, demonstrating the area's consistently strong residential demand.
Located close to Assiut University, hospitals, medical centers, banks, pharmacies, and commercial services, the building is perfectly suited for a wide variety of investment purposes.
Excellent Investment Potential
This property is ideal for conversion into:
• Hotel or serviced apartments.
• Private hospital or medical center.
• Administrative headquarters or corporate offices.
• Student accommodation.
• High-yield residential investment.
Property Details:
• Property Type: Investment Building.
• Location: Midan Al-Mushaf, Near Sayed Factory, Assiut.
• Land Area: 240 sqm.
• Frontage: 12 meters.
• Total Apartments: 12.
• Two Apartments Per Floor.
• Commercial Ground Floor.
• Hypermarket (Approx. 200 sqm).
• Medical Supplies Shop (Approx. 30 sqm).
• Basement Leased to a Gym (3-Year Contract).
• All Residential Units Vacant.
• Clean Older Finishing.
• Top Floor at Plaster Stage.
For Inquiries & Viewings:
For full investment details, pricing, and viewing arrangements, please contact Meras Real Estate.
Office Location:
Street 9, Maadi Barracks, Maadi, Cairo.
Important Notes:
• To protect property owners' privacy and preserve the company's marketing rights, the exact property location is not shared via phone calls or WhatsApp.
• Complete property details and the full address are discussed at our office.
• All property viewings are arranged exclusively through Meras Real Estate.
• Office Location: Street 9, Maadi Barracks, Maadi, Cairo.

Property Information

  • TypeOther Residential
  • PurposeFor Sale
  • Reference no.Bayut - 79091
  • CompletionReady
  • Published at13 July 2026
  • OwnershipResale

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