Engel & Völkers
Fassade Innenhof

Residential and commercial building in a charming corner location in the popular Bergmannkiez neighborhood

€4,350,000
  • ~1,815.62 m² Total surface
  • ~1,570.55 m² Living area
  • ~495 m² Plot surface
  • ~42.07 m² Office surface
  • ~203 m² Rental Surface

Description

Built around 1905, this residential and commercial building is located in a highly sought-after location in the heart of the lively Bergmannkiez neighborhood in Berlin-Kreuzberg. Its charming corner location not only gives the building architectural presence, but also ensures excellent lighting for the apartments and commercial units facing the street. The well-maintained and partially renovated building complex comprises a total of 21 residential units and two commercial units on the ground floor. Both commercial spaces are currently leased. The units are heated by gas floor heating systems, seven of which have been newly installed in the last three years. The corner building captivates with its classic old-building charm—two well-maintained stairwells with sisal runners, historic old doors, and high ceilings convey the authentic Berlin living experience. Original wooden double-glazed windows are present on the street side, while the units at the rear mainly have modern plastic insulated glass windows. A covered bicycle parking area is available to tenants in the courtyard. The building was extensively renovated in 1995. Among other things, the attic was converted into four residential units and the electrical installation was renewed. The facades were renovated in 2018. Most of the fresh water and sewage pipes are quite old and will need to be replaced in the medium term. The condition of the apartments in the building ranges from basic to solid overall—the majority of the units have not yet been modernized. The basement has a moisture problem that should be remedied in the future – the drainage in the basement courtyard is leaking. Overall, the property is in a well-maintained condition, partially renovated and partially simple. The property is located in the "Bergmannstraße Nord" environmental protection area. Bergmannstraße Nord conservation area Highly sought-after location Very well maintained Gas floor heating Converted attic Average residential rent: EUR7.86/sqm Average commercial rent: EUR15.06/sqm 405
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-405

Property details
  • Property type

    Investment

  • Total surface

    ~1,815.62 m²

  • Living area

    ~1,570.55 m²

  • Plot surface

    ~495 m²

  • Office surface

    ~42.07 m²

  • Rental Surface

    ~203 m²

  • Usable surface

    ~1,815.62 m²

  • Target return

    4.42 %

Energy efficiency information
  • Construction year

    1905

  • Energy efficiency class

    F

  • Energy certificate available

    Yes

  • Energy certificate type

    Demand certificate

  • Final energy demand

    162.1 kWh/m²a

Location: Kreuzberg, Berlin

The Bergmannkiez neighborhood is one of Berlin's most popular and distinctive residential areas. Located between Viktoriapark and Südstern, it combines urban living with historical substance, cultural diversity, and a high quality of life. The area is characterized by impressive old buildings, lovingly run cafés, small boutiques, delicatessens, and a close-knit community. Right on your doorstep, street cafés and weekly markets invite you to linger, while the Park am Gleisdreieck, Viktoriapark with Kreuzberg and the extensive Hasenheide offer attractive local recreation opportunities. The banks of the Landwehr Canal are also just a few meters away from the property. Transport connections are excellent: the Gneisenaustraße (U7) and Mehringdamm (U6) underground stations are within walking distance. Friedrichstraße, Tempelhofer Feld, and Potsdamer Platz are just a few minutes away by bike. Last but not least, the micro-location impresses with its sustained high residential and commercial demand.

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