Well-maintained residential and commercial building in Tempelhof
€2,100,000
- ~965 m² Total surface
- ~762 m² Living area
- ~724 m² Plot surface
- ~203 m² Shop surface
Description
The property is a residential and commercial building constructed around 1914, comprising a total of 13 residential units and one commercial unit, all located in the front section of the building. A well-maintained front yard adorns the building's entrance. Access to the building is via two staircases. Numerous period details are present, such as handrails typical of the era, historic doors, and corresponding ceiling heights. All residential units feature a balcony or loggia and are fully leased. The approximately 200 sqm well-lit commercial unit will be handed over vacant. This commercial unit has access to a spacious basement or storage area of approximately 180 sqm.
The property is in good condition, both visually and technically. Modernization work has been carried out repeatedly over the years. Some of the double-hung wooden windows have been replaced with double-pane windows. In 2010, the front facade was insulated. The electrical system is partially centralized. Eight residential units are heated by a gas central heating system installed in 1995, while the remaining five apartments are heated by individual gas heating systems. The gas boiler was replaced in 2004. When tenants moved out, the apartments were repaired, and three units—including the kitchen and bathroom—were completely renovated.
The attic was partially converted in the 1990s without a building permit. This unit, measuring approximately 65 sqm, will be handed over furnished and vacant. The area is not included in the listed usable area. The building has a basement, and each tenant has access to a basement storage unit. The property is located within the scope of a preservation ordinance, the "Tempelhof" neighborhood preservation zone.
"Tempelhof" Heritage Preservation District
Popular residential neighborhood
Historic architectural details
Central gas heating and individual gas heating units
Energy efficiency class: F
Balconies
Attic not converted
Detached, spacious commercial space
Average residential rent: 8.34 EUR/sqm
51296
Engel & Völkers Commercial Berlin
Your advisor: Team Investment Residential and Commercial
Property ID: OI-BER-51296
Property details
- Property type
Investment
- Total surface
~965 m²
- Living area
~762 m²
- Plot surface
~724 m²
- Shop surface
~203 m²
- Usable surface
~965 m²
- Target return
5.37 %
Energy efficiency information
- Construction year
1914
- Energy efficiency class
F
- Energy certificate available
Yes
- Energy certificate type
Demand certificate
- Final energy demand
184.8 kWh/m²a
- Energy source
Gas heating
Location: Tempelhof, Berlin
The street is located in the heart of the popular Tempelhof-Schöneberg district and is a quiet side street off Tempelhofer Damm. The streetscape is characterized by historic buildings from the Gründerzeit era arranged in perimeter-block developments. The location is particularly appealing due to the numerous green spaces in the immediate vicinity, such as Bosepark and Tempelhofer Feld, one of Europe's largest urban open spaces. Local amenities are also well provided for, with a variety of supermarkets, cafés, and restaurants. Public transportation access is excellent, thanks to the U6 subway line and various bus stops at Attilaplatz. By car, the A 100 highway is just a five-minute drive away. The location thus combines the advantages of a quiet residential area with excellent infrastructure and a wide range of recreational opportunities.
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