Engel & Völkers
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Residential and commercial building near Bürgerpark Pankow

€7,600,000
  • 2,891 m² Total surface
  • 2,540 m² Living area
  • 1,500 m² Plot surface
  • 416 m² Rental Surface

Description

This imposing corner building in a highly sought-after residential and commercial location was built around 1900 and consists of a large front building. The garden house is located in the landscaped courtyard as well as a small, landscaped courtyard behind it. This is used by the tenants of the ground floor flats in the garden house. The façades of the front building feature impressive stucco and coffered elements as well as stucco-decorated bay windows and balconies. The imposing gable element is an architectural highlight. The property is accessed via three staircases. There is a rental area of 65 sqm on the top floor, which is let for an indefinite period under a regular residential tenancy agreement, but is not included in the list of tenants and floor areas. The undeveloped attic is characterised by its size and height. The owner has not had a possible extension checked. The residential units are accessed via two-, three- and four-flight staircases. The property can be described as well-maintained overall. The owner has made considerable investments over the last ten years, the majority of which have been in the extensive refurbishment of the residential units. These successive measures included, among other things, plastered walls, tasteful and contemporary renovation of the bathrooms, renewal of the electrical sub-distribution and installation of new gas boilers (an overview is available). The water distribution system in the basement was renewed in 2022 and 2023. Six residential units are currently let furnished on temporary leases. These flats are tastefully and fully furnished/equipped. All fixtures and fittings are owned by the vendor and will be handed over as part of the sale. There are S-Bahn and bus stops directly in front of the property. The high pedestrian frequency makes this property extremely attractive for tradespeople. Another special feature to be emphasised is that the property consists of two separate land registers. The property is located in a conservation area. Conservation area: 'Kattegatstraße' Highly sought-after location Well-maintained condition Balconies and bay windows Popular flat sizes Partly let furnished Refurbished strings in the basement Wooden double-glazed windows Stucco details and bay windows Gas heating Unfinished attic floorAverage residential rent: EUR 9.59/sqm Average shop rent: EUR 30.66/sqm O11680

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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Wohn- und Geschäftshäuser

Property ID: OI-BER-O11680

Property details

Object type

Investment

Total surface

2,891 m²

Living area

2,540 m²

Plot surface

1,500 m²

Rental Surface

416 m²

Energy efficiency information

Construction year

1912

Energy efficiency class

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Energy certificate available

Yes

Energy certificate type

Demand certificate

Location: Gesundbrunnen, Berlin

The Gesundbrunnen district of Mitte borders directly on the centre of Berlin and is located in the north-west of the city. Its central location and excellent transport links to the east and west of the city centre make Gesundbrunnen an extremely interesting district with great development potential. In recent years, a charming neighbourhood has developed here that is in high demand. The surrounding area is characterised by prestigious, largely renovated buildings. The location is particularly characterised by its good infrastructure. Bürgerpark, one of Pankow's many green spaces, is just a few minutes' walk away, as is Breite Strasse, the district's main shopping street with various shopping facilities around Rathaus Passagen. There are shops for daily needs and several schools in the immediate neighbourhood. The transport connections by car as well as by public transport - S-Bahn, bus - are very good.

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Engel & Völkers Commercial Berlin

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Commission details

Die Courtage in Höhe von 7,14 % auf den Kaufpreis inkl. gesetzlicher MwSt. ist vom Käufer zu zahlen.

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