Engel & Völkers
Exterior view of a white apartment building with balconies and climbing vines under a blue sky.

Listed residential and commercial building in the heart of Mitte

€2,250,000
  • ~313 m² Total surface
  • ~268 m² Living area
  • ~146 m² Plot surface
  • ~45 m² Rental Surface

Description

Built around 1895, this listed residential and commercial building is fully let. The front building is accessed via a very well-kept, prestigious staircase. The five floors, including the converted attic, contain a total of four apartments and a commercial unit on the first floor. The commercial lease runs until 28 February 2031 without an option. The property was extensively and carefully renovated in 1999 with IBB funds. Among other things, the attic was extended and all apartments were extensively renovated. In the course of this, among other things, all pipes and cables were renovated. There is no longer a subsequent connection. The gas central heating was overhauled in 2015. Most recently, a PV system was installed on the roof and the top-floor apartment was modernized. This is currently rented furnished and for a fixed term and can therefore be delivered empty by arrangement. All apartments have their own lockable cellar. Both the common areas and the residential units feature extensive old building details, such as floorboards and ceiling paintings from the year of construction. Overall, the property makes a very good and well-kept impression. The property is located in the "Alexanderplatzviertel" milieu protection area as well as in a conservation area of urban development character and is part of the "Spandauer Vorstadt" listed area. "Alexanderplatzviertel" neighborhood conservation area Conservation area of the urban character Very central and sought-after location Ensemble monument Year of construction 1895 Refurbished Many decorative old building details preserved Balconies Gas central heating Popular apartment sizes Top floor converted Vacancy in the attic possible PV system on the roof 51773
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Wohn- und Geschäftshäuser

Property ID: OI-BER-51773

Property details
  • Property type

    Investment

  • Total surface

    ~313 m²

  • Living area

    ~268 m²

  • Plot surface

    ~146 m²

  • Rental Surface

    ~45 m²

  • Usable surface

    ~313 m²

  • Target return

    4.31 %

Energy efficiency information
  • Construction year

    1895

  • Energy certificate available

    No

Location: Mitte, Berlin

The property is located in the Mitte district not far from Hackescher Markt, in the centre of the Scheunenviertel and is therefore characterised by its direct proximity to the newly designed Schendelpark, among other things. The underground stations 'Rosa-Luxemburg-Platz' and 'Weinmeisterstraße' are just a few minutes' walk away. There are many shops for everyday needs, cafés, bars and restaurants as well as large galleries and numerous flagship stores of well-known fashion labels in the neighbourhood.

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