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Exterior view of a white apartment building with a lawn in the backyard on a sunny day.

Residential and commercial building between Spree and Wuhlheide

€1,500,000
  • ~789 m² Total surface
  • ~688 m² Living area
  • ~1,129 m² Plot surface
  • ~101 m² Rental Surface

Description

The residential and commercial building was built in 1937 and has eleven residential and two commercial units. The units are estimated to be easily rentable with a size between 58 and 68 sqm. The same applies to the commercial units with approx. 35 and approx. 66 sqm. Three residential units, each measuring approx. 68 sqm, are currently vacant. The apartments are heated by gas-fired floor heating. The property was partially renovated in 2000 and is in a simple general condition overall. The top floor has not been developed, a building permit is available. The resulting potential amounts to approx. 300 sqm of rental space. The property is located in the "Oberschöneweide" milieu protection area as well as in a conservation area of urban development character. Milieu protection area "Oberschöneweide" Partially renovated in 2000 Gas floor heating Attic not developed Attic floor building permit is available (approx. 300 sqm NF potential) Average rent residential: 6,45 EUR/sqm Average rent store: 6,70 EUR/sqm 133663
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Wohn- und Geschäftshäuser

Property ID: OI-BER-133663

Property details
  • Property type

    Investment

  • Total surface

    ~789 m²

  • Living area

    ~688 m²

  • Plot surface

    ~1,129 m²

  • Rental Surface

    ~101 m²

  • Usable surface

    ~789 m²

  • Target return

    4.69 %

Energy efficiency information
  • Construction year

    1937

  • Energy efficiency class

    E

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

Location: Oberschöneweide, Berlin

The offered property is located in the Berlin district Treptow-Köpenick, district Oberschöneweide. Shopping facilities for daily needs are available in the immediate vicinity in the Spreehöfe, Wilhelminenhofstraße and the nearby shopping center "Zentrum Schöneweide". The FEZ, a leisure and recreation center in Wulheide, the green lung of the surrounding area, offers a high recreational value. In particular, the property benefits from its proximity to the HTW with its approximately 12,000 students and 500 employees. The S-Bahn and long-distance train station "Schöneweide" optimally connects the district to the center of Berlin. Berlin-Mitte with the government district and Potsdamer Platz can be reached in about 15 minutes.

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