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Engel & Völkers Commercial Berlin

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OI-BER-51805 – This is the Engel & Völkers property ID, your agent might ask for it.

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Licence partner of Engel & Völkers Commercial GmbH

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Engel & Völkers ID : OI-BER-51805

Reinickendorf, Berlin, Germany

Land-registered and well-maintained residential and commercial building in Reinickendorf

Price

€1,900,000

Plot surface643 m²

Financing option

Amenities and special features of this investment

The residential and commercial building was built in 1908 and has a total of 17 apartments and one commercial unit. The units are estimated to be easily rentable with a size between 32 and 72 sqm. The same applies to the commercial unit with an area of approx. 106 sqm. The property is located in a popular and quiet residential area of Berlin Reinickendorf, close to the former Tegel airport. The apartments are heated by gas-fired floor heating and some have balconies. A partial refurbishment was carried out in 2005 so that the property is in a well-kept general condition. The front building with a small right-hand side wing and an attractive façade has already been divided according to WEG. An attic conversion permit is available. The property is located in the "Scharnweberstraße / Klixstraße" milieu protection area. Milieu protection area "Scharnweberstraße / Klixstraße" Divided according to WEG in 2019 Maintained condition Partially renovated in 2005 Gas floor heating Attic conversion permit is available Balconies Average rent residential: 6,86 EUR/sqm Average rent commercial: 8,50 EUR/sqm 51805

Property typeInvestment

Office Surface

106 m²

Living area

785 m²

Total surface

891 m²

Plot surface

643 m²

Year of construction

1908

Energy efficiency class

A+

Energy certificate available

Yes

Energy Certificate Type

Energy Consumption Certifiate

Reinickendorf: Location and surroundings of this property

The property is located in the center of the Reinickendorf district, which has enjoyed increasing popularity and demand since the closure of Tegel Airport. The residential area is characterized by a mixture of Wilhelminian-style houses, reconstructions from the 1960s and new buildings. The popular local recreation area Tegeler See/Tegeler Forst, one of the largest contiguous areas of forest and water in Berlin, is located in the immediate vicinity. Public transportation (subway station "Scharnweberstraße", bus lines 221, N6) can be reached in the immediate vicinity, as can the main shopping area, Scharnweberstraße/Kurt-Schumacher-Platz, with numerous shopping and leisure facilities. The connection to the Berlin city highway is about a five-minute drive from the property.