Residential and commercial building with high vacancy rate and potential for redevelopment
Price
€2,350,000
Residential and commercial building with high vacancy rate and potential for redevelopment
€2,350,000
~850 m² Total surface
~420 m² Living area
~1,396 m² Plot surface
~95 m² Office surface
~335 m² Rental Surface
Description
This well-maintained, thoroughly representative old building consists of a three-story, detached front building with a total of ten units, four of which were used commercially and six for residential purposes. The attic is not developed. The general building fabric is well-maintained and regular repairs and renovations have been carried out. Next to the main building is a driveway to the landscaped courtyard, which is built with a spacious coach house with outbuilding and was previously also used commercially. All units are each heated with gas floor heating systems. The property can be handed over mostly empty. Currently only four residential units and one commercially used unit with a total of approx. 95 sqm are rented. The property is excellently suited for further development for a conversion and, if necessary, expansion as well as for owner-occupancy. Except for one unit, the property can be handed over empty.
Development potential
Vacant handover possible except for one unit
Green inner courtyard
Remise with outbuilding
High vacancy rate
Average residential rent: EUR 7.91/sqm
Average office rent: EUR 7.32/sqm
15345
Your advisor: Team Investment Residential and Commercial
Property ID: OI-BER-15345
Property details
Property type
Investment
Parking spaces
1
Total surface
~850 m²
Living area
~420 m²
Plot surface
~1,396 m²
Office surface
~95 m²
Rental Surface
~335 m²
Usable surface
~850 m²
Target return
4.84 %
Energy efficiency information
Construction year
1903
Energy efficiency class
F
Energy certificate available
Yes
Energy certificate type
Demand certificate
Final energy demand
195.8 kWh/m²a
Location: Lichterfelde, Berlin
The district of Lichterfelde is a highly sought-after and popular residential area due to its well-established middle-class structures, its high availability of park and forest areas and its good transport links to the city of Berlin. The micro-location is largely characterized by distinctly charming Gründerzeit town villas. Shopping facilities for everyday products are available on Hindenburgdamm, which is within walking distance, and in the shopping mile "Schloßstraße", which is about five kilometers away. There are also numerous gastronomic offers in the immediate vicinity. The traffic connection for the individual traffic is very well guaranteed by the proximity to the city freeway A100. The connection to the public transport is optimal via the S-Bahn station "Lichterfelde-West" and "Botanischer Garten" as well as various bus lines.
Nearby properties
These homes might interest you
Lichterfelde, Berlin, Germany
Residential and commercial building divided into separate land registry entries near Kranoldplatz