Commercial spaces with expansion and return potential

Key facts

Purchase price & costs

About this property

According to the present market value appraisal (valuation date 11/04/2024), this concerns two rented properties that are used as an economic unit for a beverage trade. The front property (parcel 278) is built with a workshop and storage hall as well as a building as a former charging station and a building as a former compressor station.
The rear property (parcel 276) is occupied in the northeastern part by a storage hall protected as a historic monument, or former production hall, from 1898 to 1899, together with a solid shed extension. Both properties are, according to the current monument list, part of the overall complex "Rutenbergische Fabrik und Mietgewerbehöfe" and are located in a redevelopment area.
The gross income under the current rental situation amounts to EUR 88,074 per year
The properties affected here, Streustraße 103 (parcel 276) and Streustraße 103
(parcel 278), are still relatively centrally located in the metropolis on the southern edge of the
Weißensee district or southeast in the Berlin district of Pankow and, at a distance of approx. 1,000 m,
already clearly outside the inner city rail ring ("Hundekopf") and the environmental zone.
The property is in foreclosure auction proceedings.
Property documents with the report of the sworn expert are available.
The purchase price in the foreclosure auction proceedings is determined by the highest bid among all bidders.
If acquisition of the property outside the foreclosure auction proceedings is sought,
we will act on the basis of a business management agreement.

Location