| Usable floor area | 60 m² |
|---|
| Purchase price | 359.000 € |
|---|---|
| Commission | 7.14 |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
The initial payment is estimated as loan amount × (interest + repayment) ÷ 12. Individual lending terms, special repayments and further fees are not included. Tax, notary and agent costs may differ in your case. This is not a financing offer or financial advice.
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More financing calculators and assumptionsAttractive retail unit in the heart of Berlin-Charlottenburg. The unit is located on the ground floor of a well-maintained period building and impresses with its excellent visibility and versatile usage options. The total area comprises approx. 86 m², divided into two spacious, bright sales rooms (approx. 60 m²) with direct street access and shopfront, a separate office (approx. 8.4 m²), a kitchenette (approx. 10 m²), and a WC. A particular highlight is the direct access to the spacious basement area (approx. 50 m²), which is ideal for use as storage space. There is a second entrance to the courtyard, which also provides the rear rooms with daylight. The property has been rented since 01/02/2004. The tenancy is open-ended and can be terminated by either party subject to the statutory notice periods. The statutory notice period for the landlord under the lease is 6 months to the end of a quarter.
The following calculation shows the comparison between the current actual rent and the market-standard target rent for the retail unit on Richard-Wagner-Straße, Berlin-Charlottenburg.
1. Calculation basis with purchase price359,000 € and total area approx. 86 m²
Target rent (market-standard)17.50 €/m²
Actual rent (current)950 € / month = 11,400 € / year, per sqm per month € 11.05
Target rent (potential)1,505 € / month = 18,060 € / year
2. Yield comparison
Annual net rentActual rent 11,400 €, target rent 18,060 €
Gross yield (based on purchase price) Actual: 3.18%, target: 5.03%
Effective yield (including ancillary costs) Actual: 2.89%, target: 4.57%
Estimated net yield (after management & reserves), actual: 2.6%, target: 4.1%
3. Assessment
The current yield is around 3.2%, based on the existing rental income of 950 € per month.
If adjusted to the market-standard level of 17.50 €/m², a yield of up to 5% could be achieved.
The property therefore offers attractive value appreciation and rent adjustment potential in a highly sought-after Charlottenburg location.
All information provided without liability.
Usage options. Ideally suited for:
- Hairdressing or beauty salon
- Retail / boutique
- Showroom
- Medical practice / office with public traffic
- Studio or service business
Measures already approved:
- The elevator will be renewed.
- The electrical installations in the stairwell and basement will be renewed.
- The electrical boxes in the residential units will also be renewed.
- The water pipes in the basement will be insulated.
The property can be taken over by agreement. A viewing is possible at short notice.
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