Residential and commercial building with a stucco facade near the Arminius Market Hall in Moabit

€2,550,000
  • ~1,078 m² Total surface
  • ~928 m² Living area
  • ~429 m² Plot surface
  • ~150 m² Shop surface

Description

The property is a charming residential and commercial building constructed around 1900, spanning a total of five full stories. It currently comprises nine residential units and two commercial units and is in good to very good visual and technical condition. All units are leased on a gross rent basis (excluding utilities). Access to the apartments is via an attractive and well-maintained stairwell. Characteristic details of the historic building, including stylish stucco elements and attractive ceiling heights, have been preserved throughout much of the property and underscore its special charm. All residential and commercial units are fully leased and are each heated by gas-fired floor heating systems. All apartments feature balconies on the front facade, which further enhances living comfort. The attic has not yet been converted and thus offers potential for further development. The property is located within the scope of the "Waldstraße" preservation ordinance. The property is situated in the "Turmstraße" redevelopment area (comprehensive procedure)." "Waldstraße" Preservation District "Turmstraße" Redevelopment Area (Comprehensive Process) Right next to the Arminius Market Hall Traffic-calmed side street Numerous historic architectural details Stucco facade with balconies Well-maintained condition Gross rent-only leases Gas-fired individual heating Energy efficiency class E Average residential rent: 7.19 EUR/sqm Average commercial rent: 16.51 EUR/sqm 121217
engel & völkers shop image

Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-121217

Property details
  • Property type

    Investment

  • Total surface

    ~1,078 m²

  • Living area

    ~928 m²

  • Plot surface

    ~429 m²

  • Shop surface

    ~150 m²

  • Usable surface

    ~1,078 m²

  • Target return

    4.3 %

Energy efficiency information
  • Construction year

    1900

  • Energy efficiency class

    E

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

  • Final Energy Consumption

    150.3 kWh/m²a

  • Energy source

    Gas heating

Location: Moabit, Berlin

The property is located in Berlin's Moabit district, a central, urban residential and commercial area. The immediate surroundings are characterized by a vibrant mix of residential, retail, dining, and service establishments. A particular highlight of the micro-location is the Arminius Market Hall, within walking distance, which is known far beyond Moabit as a popular gathering place with a diverse range of dining options and which significantly enhances the location's appeal. Turmstraße, with numerous additional shopping options for daily needs, is just a few minutes' walk away. In addition, there are excellent public transportation connections, particularly via the U9 subway line and several bus routes, which provide quick access to downtown Berlin.

Contact the provider

Get more information about this property

I agree with the processing of my data for the purpose of searching for properties and being contacted by . If I provide my telephone number, I also consent to being contacted by telephone. My above data may be passed on to a suitable local license partner from the Engel & Völkers Group for the purpose of establishing contact.

You can find out in detail which data stores, what rights you have in this context, and how to revoke your consent for the future at any time in the privacy policy.

Nearby properties

These homes might interest you

Your shop

Engel & Völkers Commercial Berlin

engel & völkers shop image

Provider:

Privacy policy of content provider

License partner of Engel & Völkers Commercial GmbH

wavy pattern