Residential and commercial building with the charm of an old building

€4,000,000
  • ~2,107 m² Total surface
  • ~1,153 m² Living area
  • ~910 m² Plot surface
  • Construction year 1902

Description

The property is a mixed-use residential and commercial building dating from the turn of the century (c. 1902). The building comprises a total of 18 residential units, a studio with a workshop in the second courtyard, and an orthodontic practice covering approximately 874 m², which has been based in the building since 1972. Some of the flats feature parquet and plank flooring as well as stucco features, which emphasise the charm of a classic old Berlin building. The property comprises a front block, a side wing, a transverse building and a further side wing. It extends over five full storeys and is accessed via three very well-maintained stairwells. The flats are heated via both simple gas radiators and gas combi boilers. The commercial area is supplied by a gas central heating system. In recent years, continuous investment has been made in the building's structure. The top floor ceiling has been insulated and the roof has not been converted. All 18 residential units are currently fully let, with the exception of one flat used by the landlord for administrative purposes, and the condition of the flats and the technical infrastructure is generally good. The property is situated within the scope of a conservation order, the 'Humboldthain Nord-West' heritage conservation area. 'Humboldthain North-West' conservation area Sought-after residential and commercial location Historic façade Charming period features Balconies facing Schönwalder Straße Unconverted loft Gas combi boilers Average residential rent: EUR6.35/m² Average commercial rent: 7.94 EUR/m² 14899
engel & völkers shop image

Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-14899

Property details
  • Property type

    Investment

  • Total surface

    ~2,107 m²

  • Living area

    ~1,153 m²

  • Plot surface

    ~910 m²

  • Usable surface

    ~2,107 m²

  • Target return

    4.52 %

Energy efficiency information
  • Construction year

    1902

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

  • Final Energy Consumption

    111.8 kWh/m²a

Location: Gesundbrunnen, Berlin

The street is a side street between Reinickendorfer Straße (B96) and Gerichtstraße, right in the heart of Wedding, around which a charming neighbourhood has developed in recent years. The location is particularly characterised by its good infrastructure. The Panke river, with its surrounding green spaces, and Humboldthain park offer opportunities for relaxation. The main shopping streets – Müllerstraße, the area around Leopoldplatz and Reinickendorfer Straße, with their wide range of shopping options – are just a short walk away. Shops for everyday needs and several hotels are located in the immediate neighbourhood. Beuth University of Applied Sciences, Virchow Hospital, the Robert Koch Institute, as well as numerous schools and nurseries are all in the immediate vicinity. In addition, a new Life Science Campus is being developed on the Bayer AG site, which is within walking distance; this further enhances the location and cements its status as a centre for science. Transport links, both by car and by public transport, are excellent. Wedding S-Bahn and U-Bahn stations are a five-minute walk away, and Humboldthain S-Bahn station can be reached in around eight minutes.

Request all property details

Get more information about this property

I agree with the processing of my data for the purpose of searching for properties and being contacted by . If I provide my telephone number, I also consent to being contacted by telephone. My above data may be passed on to a suitable local license partner from the Engel & Völkers Group for the purpose of establishing contact. You can find out in detail which data Commercial Berlin stores, what rights you have in this context, and how to revoke your consent for the future at any time in the privacy policy.

  • Receive full property details.

  • Get in touch with an advisor.

  • Confidential - data stays with E&V.

Nearby properties

These homes might interest you

Your shop

Engel & Völkers Commercial Berlin

engel & völkers shop image

Provider:

Privacy policy of content provider

License partner of Engel & Völkers Commercial GmbH

wavy pattern