Engel & Völkers
Treppenaufgang

Residential and commercial building with vacant coach house

€1,545,000
  • ~618.45 m² Total surface
  • ~439.45 m² Living area
  • ~551 m² Plot surface
  • ~117 m² Rental Surface

Description

The property is a residential and commercial building constructed around 1910 with six apartments and three commercial units. These are spread across a front building and an adjacent low-rise commercial building with a ground floor. It appears possible to connect the two areas. The possibility of creating additional living space within the coach house and the empty commercial space is currently being examined. Together with the commercial space, approximately 230 m² of net floor space could be created, of which the commercial unit accounts for approximately 62 m². The apartments in the front building are fully let, with one newly renovated unit on the 1st floor on the left being let on a temporary basis. The property has been continuously maintained in recent years, with apartments being gradually renovated and new gas heating systems installed between 2012 and 2019. Two commercial units are supplied with heat via their own gas central heating system. In approximately 2017, the stairwell was also repaired. The attic appears to have potential for expansion. The property is located in a conservation area, an environmental protection area, and, since 2021, a comprehensive redevelopment area, set for 15 years. Langhansstraße conservation and environmental protection area Langhansstraße redevelopment area (comprehensive procedure) Well-maintained Gradually renovated Gas floor heating/gas central heating Energy efficiency class D Shed in the courtyard Attic appears suitable for conversion if necessary Car parking space Average rent for residential properties: EUR10.62/sqm Average rent for commercial properties: EUR8.51/sqm 139381
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-139381

Property details
  • Property type

    Investment

  • Parking spaces

    1

  • Total surface

    ~618.45 m²

  • Living area

    ~439.45 m²

  • Plot surface

    ~551 m²

  • Rental Surface

    ~117 m²

  • Usable surface

    ~618.45 m²

  • Target return

    5.12 %

Energy efficiency information
  • Construction year

    1910

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

  • Energy source

    Gas heating

Location: Weissensee, Berlin

The popular residential district of Weißensee has retained its quiet, almost small-town character. The numerous parks, such as the nearby Weißenseer Park with the Weißer See, which is a popular recreational area, as well as the Jewish Cemetery and the historic town center at Pistoriusplatz, and the shopping centers at Antonplatz and along Berliner Straße offer residents a high quality of life. Bus and tram connections are very good. Alexanderplatz can be reached in about 10 minutes, Friedrichstraße in about 12 minutes, and Hackescher Markt in about 15 minutes by tram.

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