A classic residential and commercial building in the popular Stephankiez neighbourhood in Berlin-Moabit
€5,400,000
~2,855 m² Total surface
~2,442 m² Living area
~1,338 m² Plot surface
~413 m² Office surface
Description
The property is a residential and commercial building constructed in 1896, consisting of a front building, a side wing, and a cross wing. In total, the property comprises one residential unit and three commercial units, spread across five full stories. Two of the commercial units are located on the ground floor and are currently leased to a tattoo studio and a Turkish bakery, the latter of which is currently undergoing renovation. The third commercial space is used by the owner as an office. The buildings exhibit the typical characteristics of the Gründerzeit architecture in Berlin-Moabit. Numerous features of older buildings, such as historic doors, classic floor plans, partial ceiling stucco, and corresponding ceiling heights, are present. As part of modernization efforts, both the top-floor ceiling and the basement ceiling have been insulated. In addition, the windows are predominantly double-glazed PVC units from the 1990s, which positively impacts the building's energy efficiency. Overall, the complex is in well-maintained and good condition and is heated by gas-fired individual unit heating systems with a decentralized hot water supply.
The inner courtyard is attractively designed and features covered trash storage areas. Another rear courtyard, which houses three garages, has a full basement. The property is located both within the "Birkenstraße" neighborhood preservation zone and within the "Stephankiez" urban character preservation zone. The property is a residential and commercial building constructed in 1896, consisting of a front building, a side wing, and a transverse building. In total, the property comprises one residential unit and three commercial units spread across five full stories. Two of the commercial units are located on the ground floor and are currently leased to a tattoo studio and a Turkish bakery, the latter of which is currently undergoing renovation. The third commercial space is used by the owner as an office. The buildings exhibit the typical characteristics of the Gründerzeit architecture in Berlin-Moabit. Numerous features of older buildings are present, such as historic doors, classic floor plans, partial ceiling stucco, and corresponding ceiling heights. As part of modernization efforts, both the top-floor ceiling and the basement ceiling have been insulated. In addition, the windows are predominantly double-glazed PVC units from the 1990s, which positively impacts the building's energy efficiency. Overall, the complex is in well-maintained and good condition and is heated by gas-fired individual unit heating systems with a decentralized hot water supply.
The inner courtyard is attractively landscaped and features covered trash storage areas. Another rear courtyard, which houses three garages, has a full basement. The property is located both within the "Birkenstraße" neighborhood preservation zone and within the "Stephankiez" urban character preservation zone.
'Birkenstraße' conservation area
Sought-after residential area
Good condition
Features traditional architectural details
Balconies available
Plastic windows
Gas central heating
Energy efficiency class E
Fully let
Average residential rent: EUR8.55/m²
Average commercial rent: EUR8.16/m²
33344
Your advisor: Team Investment Residential and Commercial
Property ID: OI-BER-33344
Property details
Property type
Investment
Total surface
~2,855 m²
Living area
~2,442 m²
Plot surface
~1,338 m²
Office surface
~413 m²
Usable surface
~2,855 m²
Target return
5.4 %
Energy efficiency information
Construction year
1896
Energy efficiency class
E
Energy certificate available
Yes
Energy certificate type
Energy Consumption Certificate
Final Energy Consumption
136 kWh/m²a
Location: Moabit, Berlin
Rathenower Straße is located in Berlin's Moabit neighborhood in the Mitte district, in the immediate vicinity of the sought-after Stephankiez. The area is characterized by dense, perimeter-block development from the Gründerzeit era, consisting primarily of modernized historic buildings, complemented by small-scale retail shops and a wide range of dining options. Along nearby Turmstraße, there is a wide variety of shops for daily needs as well as social infrastructure such as schools and daycare centers.
The "Birkenstraße" U-Bahn station (U9) and several bus lines are within walking distance and provide quick access to the rest of Berlin. In addition, the "Westhafen" S-Bahn station (Ringbahn) provides good connections to other city districts. Central locations such as the Großer Tiergarten, Berlin Central Station, and the development areas around Europacity are a short distance away and can be reached quickly.