RESIDENTIAL AND COMMERCIAL: AN INVESTMENT WITH POTENTIAL

Central apartment building with stable rental income & versatile commercial potential

Live, invest, create – a property with many possibilities!

In a central location, this interesting apartment building is situated on a plot of around 1,072 m². The property combines six already rented residential units with a spacious commercial area formerly used for gastronomy, currently vacant, and thus offers an exciting combination of ongoing rental income and versatile commercial space.

The railway station is within walking distance, and the town centre can be reached in about 10 minutes on foot. This means the location offers excellent conditions both for renting out the apartments and for commercial use.

The building was developed over several construction phases. According to the information available, the original year of construction is probably between 1950 and 1960. In 1990, an extension and conversion were carried out, during which, among other things, the gastronomic area was expanded, the apartments on the first floor were adapted and ancillary buildings were demolished.

Key highlights

• Plot area: approx. 1,072 m²
• Central location
• Railway station within walking distance
• Town centre approx. 10 minutes on foot
• 6 residential units
• Total living area approx. 400 m²
• All apartments rented
• Apartment sizes approx. 50 to 90 m²
• Some apartments already renovated
• Spacious gastronomic area with approx. 300 m²
• Currently vacant
• Use as a gastronomic business or other commercial use possible
• Guest area for approx. 60 seats
• Outdoor dining area with approx. 28 seats
• Kitchen and sanitary facilities
• Storage and storerooms
• Basement area approx. 250 m²
• Heating room, cooling room and deep-freeze room
• Large and small storage room
• Attic
• Basement compartments for the apartments
• Open space in the inner courtyard
• Gas heating
• Land-use designation: building land for business use
• Interesting combination of residential and commercial use

Six apartments – ongoing rental income

The apartment building has a total of six residential units ranging in size from approximately 50 to 90 m².

All apartments are currently rented and therefore already generate ongoing rental income. Some units have already been renovated, while others offer further potential for modernization depending on individual requirements.

Some of the apartments are located in the residential area of the building and have assigned basement compartments.

The building is heated by gas heating.

This provides an interesting starting position for an investor: the living areas are already rented, while the commercially usable area simultaneously opens up new possibilities.

Commercial space with many possibilities

The special potential of this property lies in the spacious commercial area of around 300 m², currently vacant.

This was originally used for gastronomy and can – depending on the respective legal and official requirements – either be operated again as a gastronomic business or adapted for another commercial use.

The existing layout already provides a good basis:

• approx. 60 seats, distributed across three rooms
• Kitchen
• Sanitary facilities
• Storage room
• Spacious guest area
• Outdoor dining area with approx. 28 seats

Whether a classic gastronomic business, café, bistro or another commercial use – there is room here for an individual concept.

Especially the combination with the central location and good accessibility makes this area particularly interesting for a future operator or investor.

Basement – plenty of storage and usable space

In addition to the residential and commercial areas, the property has a spacious basement area of around 250 m².

This includes, among other things:

• Heating room
• Cooling room
• Deep-freeze room
• Large storage room
• Small storage room
• Additional basement rooms
• Basement compartments for the apartments

The existing rooms provide plenty of storage space and are an additional advantage, particularly in connection with commercial use.

Building & development

The building was constructed in several phases.

According to the information currently available, the original year of construction is estimated to be between 1950 and 1960.

In 1990, extensive extension and conversion work was carried out. The gastronomic area was expanded, the apartments on the first floor were adapted and existing ancillary buildings were demolished.

The property also has an attic, which may offer further potential depending on the structural and legal possibilities.

A corresponding examination of the specific structural possibilities and any potential for expansion or extension should be carried out as part of a purchase due diligence review.

Inner courtyard & open space

In addition to the spacious usable areas, the plot also offers an open space in the inner courtyard.

This provides an additional outdoor area and can – depending on future use and the legal possibilities – be used or designed in different ways.

The existing outdoor dining area with around 28 seats also offers the future operator an attractive outdoor area.

Land-use designation: building land for business use

An important aspect of this property is its designation as building land for business use.

This gives the property interesting possibilities, particularly for entrepreneurs and investors, with regard to commercial use.

The current gastronomic area is vacant and can be continued or newly designed according to individual ideas or – subject to the required approvals in each case – adapted for another commercial use.

The combination of apartments, commercial space, basement, inner-courtyard area and central location makes this property versatile to use.

Central location – short distances

The central location is another advantage of this property.

The railway station is conveniently reachable on foot, as is the town centre, which can be reached in about 10 minutes on foot.

Residents, employees, customers and guests alike therefore benefit from short distances and good accessibility.

The central location offers an attractive setting, particularly for renting out the apartments, while at the same time creating good conditions for future commercial use.

An investment with many possibilities

This property combines several interesting aspects under one roof:

6 rented apartments + approx. 300 m² vacant commercial space + approx. 250 m² basement + inner-courtyard area + central location + building land for business use

The property is therefore aimed both at investors and entrepreneurs looking for their own location with additional income potential.

The apartments already generate ongoing rental income, while the spacious commercial area offers the opportunity to implement an individual concept and give the property a new future.

A property for people who do not merely buy existing structures, but recognize opportunities.

We would be pleased to show you this interesting apartment building in person and discuss the available usage possibilities with you.

Arrange a viewing appointment – I look forward to your enquiry!

The agent acts as a dual agent.

Take advantage of the unique opportunity to view this property – seeing and experiencing it is much more impressive! A viewing is free of charge and non-binding and gives you an unvarnished impression of the property. I would also be pleased to support you with financing and with the sale/rental of your property.

Infrastructure / distances

• Health
  • Doctor <1,000m
  • Pharmacy <500m
  • Clinic <1,000m
  • Hospital <1,500m
• Children & schools
  • School <1,000m
  • Kindergarten <1,500m
  • Secondary school <1,000m
  • University <3,500m
• Local amenities
  • Supermarket <500m
  • Bakery <500m
  • Shopping centre <2,000m
• Other
  • Bank <500m
  • ATM <500m
  • Police <1,000m
  • Post office <500m
• Transport
  • Bus <500m
  • Motorway connection <2,500m
  • Railway station <500m
  • Airport <3,000m

Distances as the crow flies / source: OpenStreetMap