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1 199 000 €

Commercial apartment building in Oberhausen, Germany, 1 139 m²
  • Commercial apartment building in Oberhausen, Germany, 1 139 m² - picture 1
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  • Commercial apartment building in Oberhausen, Germany, 1 139 m² - picture 1
  • Commercial apartment building in Oberhausen, Germany, 1 139 m² - picture 2
  • Commercial apartment building in Oberhausen, Germany, 1 139 m² - picture 3
  • Commercial apartment building in Oberhausen, Germany, 1 139 m² - picture 4
  • Commercial apartment building in Oberhausen, Germany, 1 139 m² - picture 5
  • Commercial apartment building in Oberhausen, Germany, 1 139 m² - picture 6
  • Property ID on Prianproperty.com: 4041730
    Last update: 29.05.2025
    Number of views: 92

1 199 000 €

Commercial apartment building in Oberhausen, Germany, 1 139 m²

1139 sq.m

  • On the map
  • Property ID on Prianproperty.com: 4041730
    Last update: 29.05.2025
    Number of views: 92

Specifications

Sale price 1 199 000 €
Price per square meter 1 052 €
Floor area 1 139 m²
Address Germany, Oberhausen

Description

Property built in 1965 (reinforced concrete floor slabs).

Renovation carried out between 2019-2023.

  • 11 apartments in the building.

  • Total building area: 1139 m²:

    • Residential area: 794 m²

    • Area of 1 commercial unit: 345 m²

Property Characteristics: A three-story, corner property built in a striking gothic brick architectural style, offering a mix of commercial and residential units, each with two separate entrances for privacy and convenient access. The building has undergone significant modernization, featuring a new district heating system (Fernwärme) resulting in a high energy efficiency rating of D, along with renovated apartments meeting modern living standards. Benefiting from a prime location, the ground-floor commercial unit enjoys high foot traffic, while the residential units are in strong demand, achieving near-full occupancy. The property is fully tenanted except for one small vacant unit of 16 m², presenting an additional rental income opportunity.

(Note: The property is not currently fully tenanted, as one apartment has recently become vacant after the tenant moved out).

  • Actual Annual Rental Income: €88,616.40 (Yield: 7.39%)

  • Potential Annual Rental Income (Full Occupancy): €89,461.72 (Yield: 7.46%)


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Atalanta real estate
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Atalanta real estate representative of the company

Atalanta

Languages: english
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