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Residential and commercial building in Friedrichshagen

€770,000
  • ~205 m² Total surface
  • ~48 m² Living area
  • ~733 m² Plot surface
  • ~157 m² Shop surface

Description

The property is a residential and commercial building constructed around 1870, consisting of one residential unit and one commercial unit. The residential unit in the front building has approximately 1.5 rooms and a large terrace, and is currently leased to a tenant on a one-year fixed-term lease. The property is heated by a central gas heating system. In recent years, the sewer line and the electrical system have been replaced. The property, situated on a long and narrow lot, offers development potential that has not yet been assessed. The property is located within the "Friedrichshagen" urban conservation area and is part of a designated historic district. Preservation area with unique urban character Historic ensemble Sought-after residential and commercial location Spacious property Gas central heating Fully let Average residential rent: EUR10.92/sqm Average commercial rent: EUR15.97/sqm O48346
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-O48346

Property details
  • Property type

    Investment

  • Total surface

    ~205 m²

  • Living area

    ~48 m²

  • Plot surface

    ~733 m²

  • Shop surface

    ~157 m²

  • Usable surface

    ~205 m²

  • Target return

    4.71 %

Energy efficiency information
  • Construction year

    1870

  • Energy certificate available

    No

Location: Friedrichshagen, Berlin

The property is located in a prime location in southeast Berlin. The street is characterized by high foot traffic and an attractive mix of retail, dining, services, and residential use, and is considered a well-established destination for residents and visitors alike. Transportation access is excellent: the S-Bahn station is within walking distance and provides a quick connection to downtown Berlin. In addition, several tram and bus lines ensure optimal accessibility. The adjacent neighborhood of Friedrichshagen, with its proximity to Lake Müggelsee, the popular lakeside promenade, and a diverse range of dining options, further underscores the location's high appeal.

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