83/84 Capel Street, Dublin 1, Capel Street, Dublin 1D01H1X2
€795,000
319 m²
What you'll like:
- Prime corner positioning: The property occupies a highly visible junction location with strong pedestrian footfall, ensuring lasting commercial appeal and continuous tenant demand.
- Substantial floor area: Extending to approximately 319 square meters across four storeys and a basement, the building offers significant physical scale for its footprint.
- Diversified income streams: Combining a ground-floor commercial unit with three residential apartments spreads tenant risk and enhances overall portfolio stability for an investor.
- Established commercial tenant: The ground-floor retail and basement space has been occupied by the same operator since July 2012, demonstrating long-term operational viability.
- Recent residential refurbishments: Upper-floor apartments have benefited from modern kitchen and bathroom installations, reducing immediate capital expenditure requirements for incoming buyers.
- Upgraded heating systems: Modern electric panel heating installed across the residential units provides energy-efficient climate control and improves tenant comfort significantly.
- Secondary glazing installed: Added window insulation helps retain heat and minimizes street-level noise infiltration within the bustling city center environment.
- Existing rental cashflow: Two of the three apartments and the commercial unit are currently let, providing immediate rental income upon completion of the purchase.
- Vacant asset upside: One second-floor apartment is currently vacant, offering an immediate opportunity to capture market-rate rental income without tenant handover delays.
- Strong projected yield: The property is stated to achieve a combined rental income of over seventy-two thousand euros annually when fully occupied.
- Separate residential access: Dedicated entry arrangements for the upper-floor apartments ensure privacy and convenience for residential tenants independent of the ground-floor commercial unit.
- Central urban connectivity: Immediate proximity to LUAS light rail and numerous Dublin Bus routes guarantees effortless commuting for residents and commercial staff alike.
- Educational district proximity: The central city location places the asset within easy reach of major universities and colleges, driving sustained demand for student or graduate rentals.
- Commercial and retail hub: Situated near Dublin's principal retail and legal districts, supporting robust ongoing demand for centrally located commercial business premises.
- Attractive architectural character: The period brick-fronted facade preserves classic Georgian aesthetic appeal, which generally helps maintain long-term capital asset valuation.
- Stable asking price: The listing price has remained steady at seven hundred ninety-five thousand euros without reductions, suggesting firm vendor price expectations.
- Generous space per unit: Each of the three upper-floor apartments provides around fifty-eight square meters of living space, offering comfortable one-bedroom layouts.
- Well-maintained communal areas: Internal common spaces show evidence of regular upkeep, creating a positive first impression for visiting prospective tenants and guests.
- High-profile street frontage: Extensive window exposure along a major thoroughfare maximizes visibility for the ground-floor commercial trading business.
- Defensive asset class: Mixed-use freehold buildings in prime urban cores historically serve as strong hedges against inflation and economic market volatility.
But keep in mind:
- Protected structure constraints: The building is listed on the Record of Protected Structures, which legally restricts exterior and interior modifications without specialized planning consent.
- Energy rating exemption: The property is advertised as BER exempt due to its protected status, making thermal efficiency verification difficult without expert engineering assessments.
- Conservation compliance costs: Repairing or maintaining historic fabric elements requires specialized traditional materials and skilled craftsmen, which significantly increases ongoing maintenance expenses.
- Basement damp potential: Older basement levels in Georgian structures frequently experience moisture ingress issues that require ongoing mechanical ventilation or tanking system monitoring.
- Rent pressure zone regulations: Residential tenancies within Dublin are subject to strict rent-setting caps, limiting the speed at which landlords can adjust unit rents.
- Commercial rent review risk: The long-standing commercial lease terms should be carefully reviewed by legal counsel to identify upcoming rent review dates or break clauses.
- Potential fire safety upgrades: Converting older multi-story buildings into modern multi-family residential units often requires rigorous fire compartmentalization compliance checks.
- Shared service complexities: Managing a mixed-use building requires clear delineation of commercial versus residential utility metering, maintenance cost-sharing, and insurance responsibilities.
- Urban noise and disturbance: The busy street-side junction location may expose upper-floor residents to high ambient traffic noise levels despite secondary glazing measures.
- Lack of parking facilities: The property does not offer dedicated off-street vehicle parking, which may limit the pool of prospective residential tenants.
- Vacant apartment fit-out: The currently vacant second-floor apartment may require minor cosmetic finishing or compliance certifications before a new tenancy can legally commence.
- Elevated insurance premiums: Insuring older Georgian multi-occupancy structures against fire and liability can involve higher annual policy costs than modern constructions.
- Plumbing and wiring age: Buyers should commission comprehensive electrical and plumbing surveys to ensure legacy infrastructure within the older walls is fully safe.
- Structural timber inspection: Historic properties require thorough timber surveys to check for hidden wood-boring beetle activity or dry rot within structural roof timbers.
- Roof condition due diligence: The extensive roof area of a four-storey building requires professional inspection to check slate integrity, flashing, and gutter water drainage.
- Waste management logistics: City center properties often lack rear yards, requiring careful evaluation of bin storage arrangements and municipal waste collection compliance.
- High capital entry point: At nearly eight hundred thousand euros asking price, significant upfront stamp duty and legal outlays will apply to the transaction.
- Tenant default exposure: Having multiple tenants introduces operational management overhead and financial vulnerability if commercial or residential arrears occur simultaneously.
- Limited asset expansion scope: Being tightly constrained by neighboring urban plots and conservation rules, there is virtually no physical footprint expansion potential.
- Complex conveyancing timeline: Multi-unit mixed-use commercial titles with historical planning records often demand extended legal review periods before closing contracts.
Price positioning
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- The asking price of €795,000 for this substantial four-storey mixed-use Georgian building appears notably undervalued when evaluated against the substantial floor area of 319 square metres and strong potential rental income of over seventy-two thousand euros per annum in a prime city centre location.
- Valuation signals are heavily supported by a long-standing commercial tenant, recently refurbished residential apartments with modern amenities, and a prominent corner position on a busy thoroughfare ensuring robust footfall and continued occupier demand.
- Factors that could support this attractive pricing level include immediate income yields and a vacant unit offering upside potential, though maintenance liabilities associated with a protected structure and strict conservation rules could undermine projected returns.
- Additional market context from nearby transactions on the same street demonstrating higher comparative sales values further reinforces the observation that this comprehensive commercial and residential asset is competitively priced to attract serious investor interest.
Build Analysis
What we know from similar construction types
- The property is a substantial four-storey over basement pre-1963 Georgian mixed-use building extending to approximately 319 sq.m, featuring a ground-floor and basement commercial premises alongside three upper-floor one-bedroom apartments.
- The building is listed on the Record of Protected Structures (RPS References: 1192 & 1193) under the Dublin City Development Plan, meaning a buyer should investigate any associated planning, conservation, or local authority restrictions regarding alterations, maintenance, and commercial use.
- The residential accommodation has undergone recent refurbishments including secondary glazing, modern electric panel heating, upgraded kitchens, and bathrooms, though buyers should verify the compliance and standard of these works.
- The BER is listed as exempt due to its protected structure status, which is typical for historic buildings of this period.
Heating cost*
Estimated expense to heat this property every year
- Estimated annual heating cost: €2,500 to €3,800.
- Explanation: The property comprises a 319 sq.m mixed-use Georgian building including a commercial unit and three one-bedroom apartments utilising modern electric panel heating. Due to the multi-unit layout, large overall floor area, and solid-wall construction typical of older protected structures, heating costs will vary significantly depending on occupancy levels, individual tenant usage, and energy efficiency verification.
Pollution Safe
8/10Environmental situation to investigate
- The property is situated in a built-up urban environment without apparent close proximity to heavy industrial facilities, modern landfills, or active waste incinerators.
- As a historic city centre location, any potential legacy industrial concerns or air quality impacts typical of central Dublin should be independently verified by prospective buyers.
Flood Safe
8/10Water overflow reports to follow up
- The property is located in the established inner-city environment of Capel Street, which generally sits outside primary river floodplains, though urban pluvial pooling can occasionally occur during intense rainfall events.
- The building includes a lower ground-floor basement level, which inherently warrants greater vigilance regarding subsurface drainage and potential surface water ingress compared to elevated structures.
- Official mapping does not indicate direct exposure to mapped fluvial or coastal flood zones at this specific junction, supporting a favorable baseline assessment for the location.
Recent Local Sales
Verified residential transactions published in the previous five years
Sales on the same street or estateExtra effort was used to find nearby sales here
82 CAPEL STREET, DUBLIN 1
- Sale date
- Declared sale price
- €995,000.00
34 CAPEL COURT, CAPEL ST, DUBLIN I
- Sale date
- Declared sale price
- €298,000.00
22 CAPEL COURT, CAPEL ST, DUBLIN 1
- Sale date
- Declared sale price
- €235,000.00
1 CAPEL COURT, CAPEL ST, DUBLIN 1
- Sale date
- Declared sale price
- €390,000.00
Recent sales in the wider Dublin 1 area
12 RUTLAND PLACE NORTH, NORTH CIRCULAR ROAD, DUBLIN 1
- Sale date
- Declared sale price
- €438,000.00
APT 3 BLOCK 5, CLARION QUAY, EXCISE WALK DUBLIN 1
- Sale date
- Declared sale price
- €380,000.00
23 GLOUCESTER SQ, RAILWAY ST, DUBLIN 1
- Sale date
- Declared sale price
- €545,000.00
175 SKELLIG HOUSE, CUSTOM HOUSE SQ, LOWER MAYOR ST DUBLIN 1
- Sale date
- Declared sale price
- €367,000.00
319 BACHELORS WALK, DUBLIN 1, DUBLIN
- Sale date
- Declared sale price
- €307,500.00
Source: Property Services Regulatory Authority (PSRA), Residential Property Price Register (PPR). Matching uses address information published by the PPR rather than measured map distance. It may omit nearby properties on differently named streets.
Last Sale
A confidently matched previous PPR transaction for this property
No confidently matched previous sale was found in the Property Price Register.
Buyer fees*
Associated expenses guide
- Estimated stamp duty: €7,950 — 1% of €795,000.
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Based on the asking price shown on this page, using standard residential stamp-duty rates. No adjustments are made for VAT, reliefs, mixed-use property or additional land. The final purchase price and your circumstances may change the amount payable.
- Solicitor legal fees: approximately 1% to 1.5% of the purchase price plus outlay and VAT.
- Land registration fees: approximately €600 to €800 depending on the property value and Registry of Deeds or Land Registry filings.
- Property valuation fees: approximately €150 to €300 for a standard mortgage or independent valuation.
- Surveyor fees: approximately €1,000 to €2,000 for a comprehensive structural survey given the multi-storey Georgian nature of the property.
- Annual home insurance: approximately €800 to €1,500 per year depending on the policy coverage, commercial use elements, and protected structure status.
Forum Talk
What people are saying about this area
- Locals and residents frequently discuss ongoing public realm and pedestrianisation improvements along Capel Street.
- Discussions on community forums often highlight the vibrant mix of independent cafes, retail, and cultural spots in the immediate area.
- Commuter and cyclist groups regularly review traffic management changes and public transport connectivity via nearby LUAS lines.
- City centre residential threads occasionally touch upon night-time noise levels and general urban vibrancy associated with prominent corner locations.
LifeFit Assessment
How well this property may suit your lifestyle
Family
7 areas- Young Children2/10
Being a bustling city centre mixed-use commercial and residential building with no private garden, this property is poorly suited for young children.
- Teenagers4/10
Teenagers would appreciate the central Dublin location and access to public transport, but the layout consists of compact apartments and lacks family living space.
- Multi-generational Living3/10
The property comprises individual apartments over commercial space rather than a unified single-family dwelling, limiting multi-generational living potential.
- Single Buyers6/10
This is primarily an entire mixed-use investment building rather than a standard purchase for a single owner-occupier, though individual units could suit investors.
- Couples5/10
The one-bedroom apartments offer compact urban living for couples, but the overall asset is structured as a commercial and residential investment.
- Empty Nesters5/10
Low-maintenance urban apartments appeal to empty nesters, though city centre living above a commercial unit brings typical noise and activity considerations.
- Retirees4/10
The multi-storey building features upper floor apartments accessible via stairs, and retirees should verify lift availability and accessibility requirements.
Work
3 areas- Remote Working7/10
The residential apartments provide functional spaces for home working, situated right in the city centre.
- Hybrid Commuting10/10
Unrivalled access to public transport including the LUAS, Dublin Bus, and central business districts makes hybrid commuting exceptionally convenient.
- Retired4/10
Suitable for investors rather than retirees seeking a home, due to the building's commercial nature and multi-storey layout.
Practical
8 areas- Ageing in Place3/10
Multiple storeys, upper-floor access via stairs, and a bustling commercial ground floor make this less suitable for ageing in place.
- Low Maintenance5/10
While residential units have seen recent refurbishments, managing a four-storey mixed-use building requires ongoing landlord and property maintenance.
- Secure Gated Entry4/10
Features separate residential access, but security arrangements for the mixed-use building should be verified by prospective buyers.
- Minimalist Design6/10
The refurbished one-bedroom apartments feature contemporary fitted kitchens and modern finishes suited to streamlined living.
- Flexible Floor Plans5/10
The building is divided into a ground-floor commercial unit and three one-bedroom apartments over four storeys and basement, offering fixed configuration.
- Heritage Home9/10
An attractive brick-fronted Georgian building listed on the Record of Protected Structures (RPS References: 1192 & 1193), offering classic period character.
- Ecological Setup4/10
Includes modern electric panel heating and secondary glazing, though buyers should verify broader energy efficiency given the Protected Structure status and exempt BER.
- Outdoor areas1/10
The property consists of built footprint with commercial premises and upper apartments, lacking private outdoor garden areas.
Interests
9 areas- Gardening1/10
There is no private garden or outdoor green space provided with this multi-storey urban investment property.
- Walking9/10
Extremely walkable city centre location with immediate access on foot to principal business, retail, and cultural hubs.
- Gym8/10
Proximity to numerous central fitness facilities and commercial gyms throughout Dublin City Centre.
- Cycling7/10
Central Dublin offers extensive cycling infrastructure, though city centre traffic requires cautious navigation.
- Golf3/10
Golf courses are located outside the immediate city centre, requiring travel to reach suburban clubs.
- Fishing2/10
Proximity to the River Liffey, but urban fishing opportunities are limited compared to coastal or rural locations.
- Horse Riding1/10
No equestrian facilities are available in this dense urban commercial district.
- Water Sports3/10
Proximity to the river and Dublin Bay, but water sports require travel towards the coast or designated activity centres.
- Entertaining6/10
The surrounding area boasts abundant restaurants, pubs, and cafes for socialising, though individual apartments are compact.
Lifestyle
5 areas- Quiet Living2/10
Situated prominently at a busy junction of Capel Street and Bolton Street, this is a high-footfall urban location far removed from quiet living.
- Rural Living1/10
Located in the absolute heart of Dublin City Centre, offering zero rural characteristics.
- Village Living5/10
Capel Street has a distinct local community feel with independent shops and cafes, offering a vibrant urban village atmosphere.
- Coastal Living2/10
While Dublin is a coastal city, this property is firmly positioned inland within the city centre with no immediate maritime proximity.
- Urban Living10/10
An exceptional urban location spanning four storeys over basement at a major city intersection, surrounded by retail, business, and educational districts.
Social
6 areas- Community Involvement6/10
Active local business and residential community along Capel Street and surrounding Dublin 1 neighbourhoods.
- Café Culture10/10
Capel Street is renowned for its vibrant café culture, independent eateries, and bustling street life.
- Nightlife9/10
Immersed in Dublin City Centre's extensive nightlife, pubs, restaurants, and entertainment venues.
- Health/Wellness groups7/10
Easy access to city-based wellness studios, gyms, and fitness classes.
- Networking Opportunities9/10
Prime central location offers outstanding proximity to professional, legal, and commercial networking hubs.
- Tech-Hub Connectivity9/10
Positioned close to Dublin's major technology and corporate employers in the city centre.
Listing information
- Agent
- Colman Grimes Estate Agents
- Phone
- 01 467 0838
- Current status
- active
- Published on HouseDelve
- 8 November 2026
- Correction
- Report an issue
HD-BEF87EHouseDelve · Republic of IrelandReport checks
Sources used: Public marketplace, Property Price Register, and grounded web research where available.
Automated quality checks: Passed
* Estimate — not advice. Actual costs and outcomes can vary materially. Obtain current quotations and professional advice before making financial or property decisions.