Fully let residential and commercial building in Lichtenberg

The property is a mixed-use residential and commercial building, constructed around 1900, comprising a total of twelve residential and three commercial units, spread across four full storeys in the two front wings of the corner building. The attic is currently unfinished and may offer further development potential. No planning permission or similar authorisation has been granted. Access to the property is via two stairwells, one on each side of the street. The property is in a rather basic condition. The residential units offer functional floor plans, with some of the flats featuring balconies. The three commercial units on the ground floor contribute to an attractive mix of uses. The residential and commercial units are connected to the heating and hot water supply via a central gas heating system. Overall, the property is in a rather basic condition and, in addition to the possible conversion of the attic – subject to planning permission being granted – offers further development potential through the addition of extra storeys, where appropriate. The property lies within the 'Fanningerstraße' heritage conservation area and within the wider 'Frankfurter Allee Nord' regeneration area. Neighbourhood conservation area Regeneration area (comprehensive procedure) Relatively good condition Some original architectural features present Corner building Gas central heating Possible to add extra storeys Average residential rent: 9.41 EUR/sqm Average commercial rent: 20.53 EUR/sqm 74589