Engel & Völkers
Treppenhaus

Residential and commercial building in a sought-after residential area

€3,550,000
  • ~1,628.8 m² Total surface
  • ~987.8 m² Living area
  • ~1,107 m² Plot surface
  • ~387 m² Office surface
  • ~254 m² Rental Surface

Description

The property is a residential and commercial building constructed in approximately 1903 with nine apartments and six commercial units spread over three full floors and a converted attic in the front building and two side wings. In addition, there is a two-story shed at the rear of the property, which can be vacated at the end of the year. The property is accessed via two very well-maintained stairwells and is in good condition, both technically and visually. Numerous old building details, such as historic doors and corresponding ceiling heights, are present in both stairwells and lend the property its charm. The units are heated by gas floor heating, and hot water is supplied decentrally via instantaneous water heaters. The front building is predominantly fitted with insulated glass windows, while the inner courtyard features wooden double-glazed windows. Some apartments have spacious conservatories. In recent years, four apartments in the front building have been renovated and, where necessary, gas heating systems have been replaced. These are located not in the apartments, but in the former outdoor toilets in the stairwells. In addition, a drinking water pipe has been replaced and a fiber optic connection has been installed in the basement. Both gable facades of the side wings were fitted with a composite thermal insulation system a few years ago. The basement is well maintained and shows no apparent defects. The property is located within the scope of a preservation statute, the "Tempelhof" environmental protection area. Tempelhof conservation area Sought-after residential location Good business location Well maintained Gas floor heating Energy efficiency class: D Attic converted Average residential rent: EUR7.57/sqm Average commercial rent: EUR17.83/sqm 74023
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-74023

Property details
  • Property type

    Investment

  • Total surface

    ~1,628.8 m²

  • Living area

    ~987.8 m²

  • Plot surface

    ~1,107 m²

  • Office surface

    ~387 m²

  • Rental Surface

    ~254 m²

  • Usable surface

    ~1,628.8 m²

  • Target return

    5.76 %

Energy efficiency information
  • Construction year

    1903

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

  • Energy source

    Gas heating

Location: Tempelhof, Berlin

The Tempelhof district is characterized by small parks such as Bosepark and Alter Park with Klarensee lake. There are numerous retail stores nearby. Particularly noteworthy is the Tempelhofer Hafen shopping center, which is integrated into a listed warehouse building directly on the waterfront and has over 20,000 m² of retail space. Shops for everyday needs are within walking distance. Public transportation, such as the Alt-Tempelhof subway station, is in the immediate vicinity of the property. The A100 motorway can also be reached in a few minutes.

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