Engel & Völkers
_FP18265

Well-maintained residential and commercial building with underground parking

€8,300,000
  • ~2,984 m² Total surface
  • ~2,333 m² Living area
  • ~1,814 m² Plot surface
  • ~526 m² Office surface
  • ~125 m² Rental Surface

Description

The residential and commercial building was constructed in 1991 as a corner building. The property comprises a total of 30 residential units, which have been renovated or modernized in recent years when tenants changed and are equipped with balconies, fitted kitchens, and laminate flooring. There are also three commercial units on the ground floor. The anchor tenant is an assisted living facility. There is also a hairdresser and a small tutoring school. In the basement there is an underground car park with 23 lockable parking spaces. The property has three staircases, each with an elevator, and is heated by gas central heating from 2025 with central hot water supply. Overall, the complex is in very good condition for its age. The entire complex was built as social housing. No follow-up subsidies were granted and there are no restrictions on use. The property is not located in a conservation or environmental protection area. Well-maintained Attractive apartment sizes Balconies available Elevators available Gas central heating from 2025 Energy efficiency class D Attic converted 23 underground parking spaces available Fully let Commercial anchor tenant for assisted living Average rent for residential units: EUR10.95/sqm Assisted living: EUR16.10/sqm Average rent for shops: EUR19.86/sqm O152160
Features
Garage
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-O152160

Property details
  • Property type

    Investment

  • Garages

    23

  • Total surface

    ~2,984 m²

  • Living area

    ~2,333 m²

  • Plot surface

    ~1,814 m²

  • Office surface

    ~526 m²

  • Rental Surface

    ~125 m²

  • Usable surface

    ~2,984 m²

  • Target return

    5.59 %

Energy efficiency information
  • Construction year

    1991

  • Energy certificate available

    No

Location: Lichterfelde, Berlin

The property is located in the Steglitz-Zehlendorf district in the Lichterfelde-Ost neighborhood. The surrounding area is characterized by a middle-class atmosphere with a high quality of living and is dominated by renovated Wilhelminian-style villas, modern apartment buildings, and residential complexes. In addition, there are a few commercial enterprises in the vicinity. The district also has many green spaces, forests, and water areas. The Wannsee and Havel rivers are among Berlin's most popular water sports centers. Various shopping facilities, schools, and daycare centers are located in the immediate vicinity of the property, offering good infrastructure. Public transportation connections are well served by the Osdorfer Straße S-Bahn station and various bus lines.

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Engel & Völkers Commercial Berlin

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Engel & Völkers Gewerbe Berlin GmbH & Co. KG

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