Published on 04/06/2026 · Last checked on 11/08/2026
| Living Area ca. | 170 m² |
|---|
| Rooms | 8 |
|---|
| Property Area | 392 m² |
|---|
| Selling Price | 390.000 € |
|---|---|
| Price per m² | 2,293.17 €/m² |
| Courtage | 3,57% (3,57 % inkl. MwSt. vom not. Kaufpreis) |
This versatile mixed-use residential and commercial building in a central location in Alfter-Witterschlick combines commercial use, living space and attractive development opportunities in one property.
The current basic structure of the building was created through extensive renovation in 1938, while a further approved extension was implemented in 1958. As a result, a building was developed that today combines residential and commercial use under one roof and allows for different usage concepts.
The ground floor contains two separate commercial units with a total area of approximately 125 m², which offer good visibility and accessibility due to their location on the main road. One of the commercial units is currently rented, while the second unit is currently vacant, creating additional design possibilities.
The space can continue to be used as retail or practice space or – subject to planning law approval – can also be converted into additional living space.
The upper floor is currently used as a spacious living area and offers approximately 101 m² of living space. The apartment impresses with a pleasant layout and a spacious terrace that provides additional outdoor space.
The attic contains another residential unit with approximately 69 m² of living space, which is currently rented and thus contributes to the property's ongoing income.
The building is complemented by additional usable areas, including a separate storage room of approximately 46 m², which can be used in a variety of ways.
Through the combination of apartments, commercial units and storage areas, this property offers an attractive foundation for investors seeking to combine a stable income situation with additional development potential.
The property currently has several rented units as well as a vacant commercial space, combining existing rental income with additional potential for appreciation.
Some units currently generate rents significantly below the local comparative rent, as no adjustments have been made in recent years.
This gives a future owner the opportunity to gradually adjust the rental income to the current market level and thus optimize the return in the long term.
In addition, the currently vacant unit on the ground floor offers various options:
- Re-letting as commercial space
- Conversion to For residential purposes (subject to approval)
- Combination of working and living
- Thanks to this flexibility, the property is suitable both for traditional investors and for investors who wish to actively develop potential for appreciation.
Stable rental income combined with additional rent increase and usage potential
Current rental income (current status):
Several units of the property are currently rented and generate the following monthly net cold rents:
€1,287 per month
€15,444 per year
➡ Gross yield CURRENT: approx. 3.96%
➡ Multiplier CURRENT: approx. 25.25
Another commercial unit on the ground floor is currently vacant and therefore offers additional income potential.
Rental potential (target rent):
Even from a conservative perspective, significantly higher income potential emerges.
If the currently vacant unit on the ground floor is rented—regardless of whether as a retail unit or residential space—and the garage currently used by the owner is additionally included in the rental, the following potential income situation arises even without adjusting the existing rental agreements to the customary local comparative rent:
➡ Target rent:
approx. €24,648 net cold rent per year
➡ Gross yield TARGET: approx. 6.32%
➡ Multiplier TARGET: approx. 15.8
This demonstrates the property’s attractive development potential even without rent adjustments.
Whether as an investment property with development potential, a location for your own business, or an individually combined use of living and working—this property opens up a wide range of possibilities and provides a solid basis for various usage concepts.
Location data is currently unavailable for this area.
The destination is sent to Google Maps only after submission and is not stored or logged by TraumImmo.