| Type | Commercial building |
|---|---|
| Floor | 0 |
| Year built | 1893 |
| Available from | Nach Vereinbarung |
|---|---|
| Fuel type | District heating |
| Condition | Like new |
|---|---|
| Type of energy certificate | Energy consumption |
| Floors in the building | 1 |
| Rental income | 19.800 € |
| Purchase price | 450.000 € |
|---|---|
| Commission | no commission for buyers |
| Recoverable owners' fees | 6000 € |
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 assumptionsFor sale is an exceptional commercial property in one of Heidelberg’s most sought-after locations. The leased retail unit is located in a listed building dating from 1885 and offers a usable area of approx. 103 m².
Between May and October 2024, the entire commercial space underwent extensive renovation with an investment volume of around €120,000. The aim of the renovation was to restore the original character of the listed Art Nouveau building. Historical elements were elaborately restored and preserved. A special highlight is the original preserved tiled stove in the sales area, which gives the property a distinctive character.
The spacious sales area impresses with its bright atmosphere and large shop windows. The space is complemented by a break room and an approx. 20 m² cellar, which provides additional storage space.
The property has been leased long-term since 01/11/2024. The existing lease initially runs until 10/31/2027 and then automatically extends by one further year at a time, provided no notice of termination is given. The current tenant wishes to continue operating at the location long term.
The current net cold rent amounts to €1,650 per month, corresponding to €19,800 in rental income per year. Based on the purchase price of €450,000, this results in a gross initial yield of approx. 4.4% p.a. The property therefore offers secured rental income from the outset and an attractive capital investment.
- Listed building (year of construction 1885)
- Complete renovation of the commercial unit in 2024
- Investment volume of the renovation: approx. €120,000
- Restoration to the original Art Nouveau style
- Original historic tiled stove preserved in the sales area
- Approx. 103 m² usable area
- Spacious shop window frontage
- Bright and representative sales area
- Break room available
- Approx. 20 m² cellar storage
- Floor plan and energy certificate available
- All documents relating to monument protection available
The property is being sold as a rented investment property.
Purchase price: €450,000
Rental income:
- Net cold rent: €1,650 per month
- Annual net cold rent: €19,800
Lease agreement:
- Rented since 01.11.2024
- Fixed term until 31.10.2027
- Subsequent automatic extension by one year each time
- The current tenant would like to continue operating at the location in the long term.
This commercial property combines the charm of a listed old-town property with a high-quality renovation and long-term secured rental income. It is particularly suitable for investors seeking a stable-value investment in one of Heidelberg's most sought-after locations.
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The commercial unit is located in the historic old town of Heidelberg – one of the most well-known and popular city-center locations in Germany. The nearby main street is one of the longest pedestrian zones in Europe and forms Heidelberg's economic and tourist center.
The excellent location benefits from a high volume of foot traffic from locals, students, visitors, and international tourists. The surroundings are characterized by an attractive mix of owner-operated specialty shops, retail, gastronomy, and cultural facilities.
The excellent infrastructure as well as Heidelberg's high profile as a university and tourist city make this location particularly attractive and ensure sustainably high demand for commercial space.
