Attractive old building in a central location in Charlottenburg

€5,850,000
  • ~2,071 m² Total surface
  • ~1,999 m² Living area
  • ~777 m² Plot surface
  • ~72 m² Shop surface

Description

The property is a residential and commercial building built around 1884 with 26 residential units and a store unit on the first floor, spread over a front building, side wing and garden house. Access is via three staircases. The apartment sizes vary between approx. 32 and 130 m² and thus appeal to families as well as singles and couples as a target group. In the 1990s, the roof in the front building was converted into two apartments. In 2008, the attic in the garden house was extended and a further apartment was created. The apartments were successively modernized as tenants changed. There is a rent-free right of residence in the land register for unit no. 17 with approx. 65m². The property is heated and supplied with hot water by district heating and has energy efficiency class B. The property has predominantly wooden double-glazed windows or wooden insulated glass windows, but there are also some plastic insulated glass windows. Some of the apartments also feature old doors, floorboards or parquet flooring and stucco, which, combined with the classic ceiling heights in the old building, creates a special old building charm. Eight of the 26 units also have balconies or terraces on the top floor. In 2024/25, the entire roof area in the front building and side wing was renovated, and two large units were also extensively refurbished. The property is located in the "Karl-August-Platz" conservation area. Karl-August-Platz'' neighborhood conservation area Residential area in demand Good condition Balconies Old building details District heating Energy efficiency class B Attic developed Average rent residential: EUR 9.67/m² Average commercial rent: EUR 15.01/m² 4271
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-4271

Property details
  • Property type

    Investment

  • Total surface

    ~2,071 m²

  • Living area

    ~1,999 m²

  • Plot surface

    ~777 m²

  • Shop surface

    ~72 m²

  • Usable surface

    ~2,071 m²

  • Target return

    4.21 %

Energy efficiency information
  • Construction year

    1884

  • Energy efficiency class

    B

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

  • Final Energy Consumption

    74 kWh/m²a

  • Energy source

    Long-distance heating

Location: Charlottenburg, Berlin

Charlottenburg is one of the most popular residential and business districts in Berlin. This is due, among other things, to its central location, the middle-class structures and the often charming streetscapes with numerous stately old stucco buildings. The district also offers a wide range of shopping opportunities, such as in Wilmersdorfer Strasse, on Kurfürstendamm and in Tauentzienstraße. In addition to leading retail stores, there are also a large number of attractive restaurants and cafés here. With the Deutsche Oper opera house, the Berggruen Museum, the Charlottenburg Palace Museum and the Schiller and Renaissance theaters, the district also offers a wealth of cultural attractions. The transport infrastructure is excellent, both by car and by public transport (S-Bahn, U-Bahn and bus).

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