A charming complex of residential and commercial buildings in the Winsviertel

€12,000,000
  • ~4,799 m² Total surface
  • ~2,351 m² Living area
  • ~2,602 m² Plot surface
  • ~2,098 m² Office surface
  • ~350 m² Rental Surface

Description

The complex comprises a mixed-use building with a front block dating from around 1889 and two side wings, as well as a commercial complex built around 1910 with a cross-wing and two side wings at the rear of the site. The 30 flats and two commercial units in the front building are accessed via a total of four staircases. The attic has not been converted. The rear commercial building contains seven commercial units, accessed via three staircases. The attic has been converted. Two units in this part of the building are currently vacant. The entire complex is heated by a gas central heating system and has a central hot water supply, and is in a well-maintained condition. Numerous period features are present in the front building, and the commercial property has a historic industrial charm. Over time, almost all the windows in the front building have been replaced. In addition, the flats have been progressively maintained and refurbished. The commercial tenants comprise a chemist's, restaurants, offices and medical practices. The entire complex is listed as a heritage site and is situated within the 'Winsstraße' conservation area. Residential and commercial building complex with a commercial property "Winsstraße" conservation area Highly sought-after residential and commercial location Well-maintained condition Unconverted top floor in the front building; gas central heating with central hot water supply Energy efficiency class D Average residential rent: EUR8.66/sqm Average commercial rent: EUR12.78/sqm 120257
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-120257

Property details
  • Property type

    Investment

  • Parking spaces

    5

  • Total surface

    ~4,799 m²

  • Living area

    ~2,351 m²

  • Plot surface

    ~2,602 m²

  • Office surface

    ~2,098 m²

  • Rental Surface

    ~350 m²

  • Usable surface

    ~4,799 m²

  • Target return

    5.46 %

Energy efficiency information
  • Construction year

    1889

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

  • Final Energy Consumption

    103.8 kWh/m²a

Location: Prenzlauer Berg, Berlin

The development is situated in an attractive inner-city location in the popular Winskiez neighbourhood of Prenzlauer Berg. Winskiez is one of the most sought-after residential areas in central Berlin, combining historic Wilhelminian-style architecture with a vibrant, urban atmosphere. The neighbourhood is characterised by tree-lined streets, stylish old buildings, small squares and a diverse mix of families, creative types and professionals. Numerous cafés, restaurants, bakeries and unique independent shops are located in the immediate vicinity, lending the neighbourhood its characteristic charm. Local amenities are excellent: supermarkets, organic shops, chemists, pharmacies, doctors' surgeries and other service providers are all within walking distance. Weekly markets, such as the Kollwitz or Bötzow markets, and a selection of dining options round out the range of facilities for daily needs. Nurseries, schools and playgrounds are also located in the immediate vicinity, making the location particularly attractive for families. Transport links are excellent. Several tram and bus routes run along the street, providing quick connections to Berlin city centre, Alexanderplatz and neighbouring districts. The "Greifswalder Straße" S-Bahn station, with its link to the Berliner Ring, is just a short journey away. Furthermore, well-developed cycle paths and the proximity to major transport routes ensure excellent personal mobility. The nearby Volkspark Friedrichshain, along with other green spaces and recreational areas, offer excellent leisure and recreational opportunities and round off the high quality of living and leisure in this location.

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