From Old to New – Residential and Commercial Building with Development Potential – Photo 1

From Old to New – Residential and Commercial Building with Development Potential

The advertiser will give you the exact address on request.42857 RemscheidNordrhein-Westfalen
Purchase price
329.000 €
Living area
322 m²
Rooms
10
TraumImmo ID: YV25RCS
Partner ID: 574142531

Published on 15/10/2026 · Last checked on 07/11/2026

Advertiser:
RegionalImmobilien24

Key facts

TypeBlock of flats
Living area approx.322 m²
Rooms10

Plot area261 m²
Usable floor area428 m²

Purchase price & costs

Purchase price329.000 €
Price per m²1,022.95 €/m²
Commission3,57% (3,57% inkl. MwSt vom not. Kaufpreis)

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About this house

This residential and commercial building, dating from approximately 1910, offers versatile opportunities for individual redesign and further development, with a living area of approximately 321.62 m² and a usable area of approximately 116.08 m².

The property extends over two floors and comprises a total of four self-contained residential units. Two of these units are accessible separately via the rear courtyard and have their own entrances.

One of the four residential units is currently rented and generates a monthly cold rent of €400.00. The remaining units are vacant. In the past, however, there were occasional unauthorized uses by third parties.

The building is complemented by a commercial unit that was formerly used as a restaurant or pub. The approximately 261 m² plot also features a rear courtyard.

The property is in a condition requiring comprehensive renovation and modernization. It is therefore aimed in particular at experienced investors, project developers, and buyers skilled in craftsmanship who recognize the potential of an existing property and are prepared to implement a demanding renovation project.

Buyers are sought who have experience, drive, and a clear idea of how the existing spaces can be redesigned and developed over the long term.

Those who do not shy away from the challenge of a comprehensive redesign will find a property here with diverse development opportunities.


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Advertiser:
RegionalImmobilien24
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