Engel & Völkers
Eingangsbereich

Well-maintained residential and commercial building in the "Sprengel neighborhood"

€5,100,000
  • ~2,410 m² Total surface
  • ~2,318 m² Living area
  • ~923 m² Plot surface

Description

The residential and commercial building is a classic old building dating from around 1912. The property has a front building, a left wing, and a transverse building. The property contains 40 apartments, which are accessed via three stairwells. These include three units in the attic. There is also one commercial tenant. The simple façade of the property features loggias on the street side and balconies on the courtyard side. The apartments in the attic have terraces. All units have modern plastic insulated glass windows. The property is heated by district heating. Hot water is provided decentrally via instantaneous water heaters. The electrical system is centralized. A spacious bicycle storage room is available to tenants. The well-maintained property faces south and therefore enjoys optimal lighting conditions. The location is subject to environmental protection ("Sparrplatz"). Protected neighborhood: "Sparrplatz" Sought-after location Loggias and balconies Plastic insulated glass windows Converted attic District heating Energy efficiency class C Average rent for residential properties: EUR9.54/sqm Average rent for commercial properties: EUR17.00/sqm 43792
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-43792

Property details
  • Property type

    Investment

  • Total surface

    ~2,410 m²

  • Living area

    ~2,318 m²

  • Plot surface

    ~923 m²

  • Usable surface

    ~2,410 m²

  • Target return

    5.57 %

Energy efficiency information
  • Construction year

    1912

  • Energy efficiency class

    C

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

  • Energy source

    Long-distance heating

Location: Sprengelkiez, Berlin

The property is centrally located in the Wedding district of Berlin's Mitte borough. The "Sprengel neighborhood" is one of the most prosperous and popular areas in the district. In recent years, many people and companies from the arts and creative sectors have settled here. In addition, charming shops, cafés, and restaurants with young, modern concepts have become established. Schillerpark and Volkspark Rehberge offer local recreational opportunities. In addition, the north bank with its stately, largely renovated old buildings invites you to stroll around. Müllerstraße and Leopoldpatz, with their numerous shopping opportunities, are within walking distance. Schools, daycare centers, and cultural offerings, such as the Prime Time Theater and the Silent Green Kulturquartier, are also available. Just a few hundred meters from Sprengelstraße are the Berlin University of Applied Sciences, the Virchow Clinic, and the Robert Koch Institute. The Amrumer Straße underground station, the Wedding S-Bahn and underground station, numerous bus lines, and the proximity to the A100 city highway ensure optimal transport connections to the entire city of Berlin by public transport and by car.

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