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Engel & Völkers Commercial Berlin

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OI-BER-3678 – 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-3678

Spandau, Berlin, Germany

Residential and commercial building near the Havel river

Price

€1,650,000

Plot surface320 m²

Financing option

Amenities and special features of this investment

The property is a residential and commercial building built around 1910 with five full stories and a converted attic. The front building has a full basement and houses a total of ten residential and two commercial units. These are an electrical store and a massage practice. The development takes place via a staircase to the quiet and green courtyard side. The property has been extensively renovated. Among other things, all apartments were modernized, all supply and sewage pipes as well as electrical lines were renewed and the electrical system in the basement was centralized. All windows were replaced by plastic insulated glass windows and the front and courtyard facades were provided with thermal insulation. Recently the roof covering was renewed. Heat is supplied by a modern gas central heating system. Due to moisture damage, the roof terrace as well as parts of the two empty apartments in the roof and on the 4th floor were recently professionally renovated. The top coating of the roof terrace was still completed. The building materials required to complete this work are already stored on site. The two empty apartments will also be handed over in a not yet finished renovated condition. Except for the above-mentioned renovation work to be completed with little effort, the overall condition can be described as good. The property is currently located in the milieu protection area "Spandauer Neustadt".

Property typeInvestment

Rental Surface

130 m²

Living area

688 m²

Total surface

818 m²

Plot surface

320 m²

Year of construction

1910

Energy efficiency class

A+

Energy Certificate Type

Energy Consumption Certifiate

Features

Elevator

Spandau: Location and surroundings of this property

The property is located in an up-and-coming residential area in the "Quartier Neustadt" of the Spandau district, not far from Lutherplatz, which is home to the very respectable church of the same name. The heart of the quarter and at the same time a place of recreation are the nearby Koeltzepark and the Wröhmännerpark directly on the banks of the Havel. The newly landscaped banks of the Havel invite visitors to take walks. New construction projects such as the "Carossa Quartier" or "Waterkant", whose plans include approximately 4,000 apartments, are located in the immediate vicinity. Utilities and schools are within walking distance, as is the Vivantes Clinic, which is located just one street to the north. The pedestrian zone of the old town of Spandau as well as the long-distance train station with connections to the U-Bahn and S-Bahn are easily accessible via the bus lines running along Neuendorfer Strasse. The Spandauer Arcaden are also located directly at the station. Overall, there is a good connection to the Berlin city center.