Modern family life in the historic city center—as an investment or a place to call home

€2,275,000
  • ~461 m² Total surface
  • ~245 m² Living area
  • ~301 m² Plot surface
  • Construction year 1734

Description

Built in 1734, this downtown townhouse is typical of Potsdam’s architecture at the time, featuring a stucco facade with a half-timbered structure arranged axially. Permission to build the townhouse was granted on the condition that it house eight sentries for what was then known as the Jägertor. It perfectly embodied the architectural ideal of the time: “A good life and work under one roof.” In this historic building—a monument to the second Baroque city expansion, renovated in 1997—you’ll find a modern, two-story family home, available either for rent or for your own use. Throughout the entire living space, charming features suited to today’s urban lifestyle have been seamlessly integrated with attractive elements of the historic building. Two residential floors (a “house within a house”) offer three bedrooms, three bathrooms, two living rooms, a guest room, and a spacious kitchen-diner at the heart of the living areas. The rooftop terrace, with its view of the Potsdam city skyline, is the perfect place to unwind at the end of the day. Three retail units are leased on the ground floor of the front building and in the side wing. Tenants in the garden house and on the first floor of the side wing include a psychological practice. The commercial use in the garden attracts little foot traffic, so family life remains undisturbed even during the week. There is a very good and friendly rapport between the residents and the commercial tenants, so that, to date, utility costs have been covered by a flat fee rather than requiring separate billing. The front building and the side wing have partial basements. The basement offers storage space for both residents and tenants, but also includes a laundry room for the residential unit located in the building services room. The residential portion is being handed over vacant and is available for re-leasing or for personal use. Special features of the building: - Heat pump – gas-fired central heating and hot water supply - Water softening system for the entire building - Washing machine connections in the basement - Built-in kitchen, Quooker faucet EV-TI60035
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Engel & Völkers Potsdam Commercial

Your advisor: Engel & Völkers Commercial Potsdam Team Verkauf

Property ID: OI-DPD-EV-TI60035

Property details
  • Property type

    Investment

  • Total surface

    ~461 m²

  • Living area

    ~245 m²

  • Plot surface

    ~301 m²

  • Actual Return

    1.99 %

  • Target return

    4.06 %

  • Flooring

    Parquet, Stone

Energy efficiency information
  • Construction year

    1734

  • Energy certificate available

    No

Location: Nördliche Innenstadt, Potsdam

This mixed-use residential and commercial building is located in the historic city center of Potsdam and is surrounded by the lively bustle of the town square at the Jägertor. Potsdam’s downtown was developed between 1733 and 1742, during the “Second Baroque City Expansion.” This historic downtown location is characterized by lovingly renovated buildings with retail spaces on the ground floor and primarily apartments on the upper floors. Potsdam residents and the many tourists alike appreciate both the historic downtown atmosphere and the excellent infrastructure, which offers countless shopping opportunities and a diverse range of amenities. City hall, doctors’ offices, pharmacies, the downtown hospital, as well as schools and kindergartens are all within walking distance. The Dutch Quarter, the famous Sanssouci Park, and the Russian colony “Alexandrowka” are just a few minutes away, and the surrounding area offers a wide range of leisure and recreational opportunities with its numerous parks and picturesque lake landscapes. Thanks to excellent transportation connections, the metropolis of Berlin can also be reached in no time.

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