Engel & Völkers
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Residential and commercial building in a central location in Luckenwalde with potential

€1,280,000
  • ~1,324.35 m² Total surface
  • ~350.14 m² Living area
  • ~1,131 m² Plot surface
  • ~670.21 m² Office surface
  • ~304 m² Rental Surface

Description

This attractive residential and commercial building is located at the northeastern end of Luckenwalde's pedestrian zone. Behind the historic façade dating from 1900, three modern structures were erected in 1995. The units are divided as follows: Three apartments (approx. 264 m²), four offices (approx. 540 m²) and three shops (approx. 304 m²) are rented out, while one apartment with approx. 86 m² and two offices with a total of approx. 130 m² are vacant and can be re-let after minor repairs. The units are attractively sized and equipped with fitted kitchens. The property is heated by district heating, and hot water is supplied decentrally. A total of eight parking spaces are available to tenants, three of which are currently rented. The property is in good, well-maintained condition. Thanks to its good energy efficiency class C, ESG measures are not necessary for the time being. Sought-after residential and commercial location in Luckenwalde Attic space converted Eight car parking spaces District heating Energy efficiency class C Low vacancy rate Average residential rent: 4.00 EUR/sqm Average office rent: 4.12 EUR/sqm Average retail rent: 4.00 EUR/sqm 162783
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-162783

Property details
  • Property type

    Investment

  • Parking spaces

    8

  • Total surface

    ~1,324.35 m²

  • Living area

    ~350.14 m²

  • Plot surface

    ~1,131 m²

  • Office surface

    ~670.21 m²

  • Rental Surface

    ~304 m²

  • Usable surface

    ~1,324.35 m²

  • Target return

    5.69 %

Energy efficiency information
  • Construction year

    1995

  • Energy efficiency class

    C

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

  • Energy source

    Long-distance heating

Location: Luckenwalde, Brandenburg

The Brandenburg town of Luckenwalde, with a population of around 21,000, is the district capital of Teltow-Fläming and forms the economic center of the district. The district of Teltow-Fläming is one of the most economically successful regions in eastern Germany and has gained in profile in recent years thanks to extensive investment in infrastructure and the economy. Luckenwalde is located approximately 50 kilometers south of Berlin and, due to its scenic location, has become the center of life for many commuters. The capital city can be reached in only about 30 minutes by regional train or car. In the 20th century, Luckenwalde developed into an important industrial location in the region and is now designated as a regional growth center for its surrounding area. The industry mix is very diverse, ranging from companies in the transport, mobility, and logistics clusters to the metal and construction industries. The "Alte Hutfabrik" (old hat factory), designed by Erich Mendelsohn, is also of cultural and historical significance. Overall, the cityscape of Luckenwalde is shaped by its past and industrial boom. Luckenwalde also offers its residents and tourists a wide range of leisure activities. Both sporting and cultural needs are catered for by Europe's longest continuous skate park, the Flaeming-Skate, and the Luckenwalde City Theater. The main train station, with connections to Berlin's regional rail network, is approximately 1 km away.

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Engel & Völkers Commercial Berlin

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Engel & Völkers Gewerbe Berlin GmbH & Co. KG

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