Residential and commercial building in popular Kreuzberg location

The property at 88 Wrangelstraße is a residential and commercial building on a corner lot, constructed around 1900. The five-story building comprises a total of ten units, including eight apartments and two commercial units. Access to the building is via a stairwell. Heating is provided by gas-fired individual unit heating systems. The apartments range in size from approximately 57 to 75 m² and are highly marketable due to their layouts and sizes. The two commercial units are leased to a popular breakfast shop and a laptop repair and accessories store. The lease for the laptop repair shop runs until June 2027, and that for the breakfast shop until December 2028. An extension of the respective leases may be agreed upon by mutual consent between the landlord and tenant. The structural condition of the property can be classified as basic overall. In 2004, extensive modernization work was carried out on the bathrooms and kitchens of the residential and commercial units. Additional work included the replacement of two beams in the basement and the basement ceiling in 2023. The building's entrance door was also replaced in 2023. In recent years, maintenance work was also carried out on the window sills; in some cases, the existing wooden windows were replaced with insulated glass windows. The property is located within the scope of the Luisenstadt Preservation Ordinance ("Milieuschutz"). "Luisenstadt" Protected Neighborhood Sought-after residential and commercial location Corner building Basic condition Gas-fired individual heating systems Energy efficiency class: F Popular apartment sizes Attic not converted Fully leased Average residential rent: EUR7.26/sqm Average commercial rent: EUR21,79/sqm 27338