Published on 06/08/2026 · Last checked on 09/08/2026
| Type | Multi-Family House |
|---|---|
| Living Area ca. | 485 m² |
| Rooms | 20 |
|---|
| Property Area | 592 m² |
|---|---|
| Bedrooms | 10 |
| Bathrooms | 6 |
| Selling Price | 1.250.000 € |
|---|---|
| Price per m² | 2,577.32 €/m² |
| Courtage | 3,57% (3,57% inkl. MwSt. auf den Verkaufspreis) |
For sale is a distinctive historic residential and commercial building in Nuremberg’s outer inner-city belt, in the Sandreuth district. The building was constructed around 1904 in exceptionally solid construction for its time, with sandstone ashlar masonry, and impresses, among other things, with exterior walls approximately 51 cm thick and generous floor-to-ceiling heights of approx. 3.30 m, or even approx. 4.10 m on the ground floor.
Characteristic architectural features of this era, such as the sandstone façade, decorative embellishments around window openings and eaves, as well as the distinctive mansard roof with several dormers, give the property its special historic charm. Thanks to its L-shaped design and location on a prominent corner plot, the building makes an impressive appearance.
The property comprises a total of 6 residential units and a commercial unit on the ground floor, currently used as a restaurant space. Part of this commercial space is currently additionally divided off as a separate retail unit with storage space.
All units are accessed via a spacious stairwell extension. There are two apartments on each floor, one to the left and one to the right of the stairwell. The residential units are predominantly designed as 2- to 3-room apartments and are therefore extremely easy to let. High ceilings and numerous window areas provide the apartments with a pleasant, bright and spacious atmosphere. Thanks to the mansard roof and considerable ceiling heights, the attic apartments also benefit from an above-average amount of space.
The modernization measures carried out to date vary in scope. The roof, windows and façade were comprehensively renovated in 2001. An apparent complete renovation took place in the 1980s, as indicated, among other things, by the installations, sanitary areas, radiators and parts of the electrical system. The majority of the apartments are heated by gas boilers with modern radiators, while three units are currently still equipped with night storage heaters or individual gas heating systems. The fully basemented building offers good conditions for the later installation of a central heating system or a possible connection to the district heating network.
The property also includes a spacious courtyard with 6 garages.
Three owner-occupied residential units, the restaurant, as well as the retail unit with storage space are vacant and therefore offer additional development potential plus 6 garages, which would also be rent-free. With a total lettable area (commercial and residential space) of around 650 square metres plus 6 garage spaces, the property already offers an attractive income situation today, provided it is fully let again. In addition, there is very interesting potential for increases in value and rent in the course of future renovations, rent increases/tenant changes and new lettings. Even now, new lettings can achieve a rental yield of over 5%. After renovation/modernisation, this would then be over 8%.
Overall, this is a rare opportunity for investors and lovers of historic buildings who appreciate the architectural character of a prestigious period property with solid development potential.
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