Residential and commercial building organized under the WEG in a desirable residential and commercial location
€3,300,000
- ~1,342 m² Total surface
- ~941 m² Living area
- ~1,663 m² Plot surface
- ~401 m² Shop surface
Description
Built around 1908, the property is a four-story residential and commercial building with a basement and two separate entrances, which was divided into individual units under the Condominium Act (WEG) in 2024. All ten residential units are fully leased. The large vacant commercial unit, which was previously used by a bank, is currently in the shell stage and would be suitable for an owner-occupier. The other unit is leased to a savings bank self-service branch through 2032.
The entire complex is in a largely well-maintained condition. Numerous historical features still date back to the original construction year; individual areas have been modernized in recent years. Among other things, all windows have been replaced. Heating is provided by a central gas system. The electricity meters are centralized in the basement. The attic was converted in the 1990s. The property includes two garage spaces and seven outdoor parking spaces.
The property is not located in a heritage preservation or redevelopment zone.
Not a protected neighborhood
Sought-after residential and commercial location in Wannsee
Divided according to the German Condominium Act (WEG 2024)
Modernized
Gas central heating (1996))
Energy efficiency class: F
Large garden/courtyard behind the building
Converted attic
One vacant commercial unit on the ground floor
Parking spaces
Average residential rent: EUR10.80/m²
Average commercial rent: EUR35.05/m²
O119625
Engel & Völkers Commercial Berlin
Your advisor: Team Investment Residential and Commercial
Property ID: OI-BER-O119625
Property details
- Property type
Office
- Parking spaces
7
- Total surface
~1,342 m²
- Living area
~941 m²
- Plot surface
~1,663 m²
- Shop surface
~401 m²
- Usable surface
~1,342 m²
- Target return
6.73 %
Energy efficiency information
- Construction year
1908
- Energy efficiency class
F
- Energy certificate available
Yes
- Energy certificate type
Demand certificate
- Final energy demand
190.2 kWh/m²a
- Energy source
Gas heating
Location: Wannsee, Berlin
The Zehlendorf district is a highly popular and exclusive residential area thanks to its traditional character, abundance of parks and wooded areas, and excellent transportation links to downtown Berlin. Königstraße is located in a well-established part of the district, right in the heart of the Wannsee neighborhood; it runs directly across Lake Wannsee, dividing it into the Greater and Lesser Wannsee. The Wannsee forms the heart of the neighborhood and, with its beautiful lakeside paths, serves as a place of relaxation. The residential environment is characterized by a high concentration of smaller multi-family and single-family homes. Shopping options and cafés are plentiful on Königstraße itself as well as around the "Wannsee" S-Bahn station. Königstraße connects Potsdam with the Berlin metropolitan area. Via the B1, you can reach the city expressway in just a few minutes, which guarantees a quick connection to City West. From the "Wannsee" S-Bahn station, you can easily reach both City West and downtown Potsdam. The S-Bahn station and stops for various bus lines are within walking distance.
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