a
Print
version

819 696 €

Commercial property in Herten, Germany, 1 690 m²
  • Commercial property in Herten, Germany, 1 690 m² - picture 1
1/3
  • Commercial property in Herten, Germany, 1 690 m² - picture 1
  • Commercial property in Herten, Germany, 1 690 m² - picture 2
  • Commercial property in Herten, Germany, 1 690 m² - picture 3
  • Property ID on Prianproperty.com: 4032200
    Last update: 28.04.2025
    Number of views: 147

819 696 €

Commercial property in Herten, Germany, 1 690 m²

1690 sq.m

  • On the map
  • Property ID on Prianproperty.com: 4032200
    Last update: 28.04.2025
    Number of views: 147

Specifications

Sale price 819 696 €
Price per square meter 485 €
Floor area 1 690 m²
Number of storeys 4
Address Germany, Herten

Description

Full Property Description:

Key Financial Overview

  • Full Market Value: €1,359,938

  • Acquisition Option: Purchase via company takeover (existing loan transferable).

    • Required Investor Equity: €819,696

    • Assumed Loan: Transferred to the new owner.

Current Financial Performance:

  • Annual Income (Actual): €82,296

    • Return on Equity: 10.03% (€82,296 / €819,696)

    • Net Yield After Loan Interest (2.7%): 7.33%

Projected Financial Performance (Full Occupancy):

  • Potential Annual Income: €107,739.96

    • Return on Equity: 15.53% (€107,739.96 / €819,696)

    • Net Yield After Loan Interest (2.7%): 12.83%

Property Highlights

  • Location: Prime residential area near Ruhar Park shopping center, adjacent to green parkland.

  • Year Built/Renovated: 1951 (reinforced concrete floors) / 2020–2023 upgrades.

  • Total Area: 1,690 m² | Land Plot: Included in sale

  • Layout:

    • 12 commercial units

    • 13 parking spaces

    • Apartments with large balconies/terraces

    • English-style courtyard with office spaces (ideal for remote workers)

Recent Upgrades:

  • New heating systems (2022)

  • Office renovations (2021)

  • Updated electrical wiring (2024)

  • Gas heating

Amenities:

  • Spacious, lush garden (tenants’ exclusive use)

  • Proximity to supermarkets and green spaces

  • Quiet, park-facing views

Rental Potential

  • Current Status: Nearly fully rented.

  • Upside Opportunity:

    • Rent increases for long-term tenants (below-market rates).

    • Finalizing lease agreements for remaining units.


Contact seller

Message sent

Representative

Atalanta real estate
Languages: english
Show phone number



Seller
Atalanta real estate representative of the company

Atalanta

Languages: english
Contact seller
Messengers: