Commercial property in Wuppertal, Germany, 316 m²

Germany. Wuppertal. Apartment building with commercial space.
Apartment building in 42275 Wuppertal, 316 m² (plot 92 m²)
Property ID: 18045
Online viewing
Remote purchase
€599,000
€1,895/m²
Property type: Apartment buildings
Year built: 1958
Floors: 1-2-3-4
Total area: 316 m² = (178 m² commercial area + 138 m² residential area)
Property status: Leased
Number of rooms: 1 retail space and 3 apartments
Annual income (actual) €52,200 (8.71%)
Residential and commercial apartment building with an operating seafood restaurant
Main property characteristics
• Property type: Residential and commercial building
• Total leasable area: approx. 316 m²
• Living area: approx. 138 m²
• Commercial area: approx. 178 m²
• Plot area: 92 m²
• Finishing quality: standard
• Number of floors: 3 floors
Price and profitability
• Sale price: from €599,000
• Price per m²: €1,895
• Rental multiplier: 11.5
• Annual rental income (current): €52,200
• Yield: 8.7%
• Buyer's commission: 4.76% including VAT
(Agency commission for the buyer is 4.76% including VAT)
Property condition and energy
• Year built: 1958
• Condition: well-maintained
• Heating type: central heating
• Primary energy source: gas
• Energy certificate is provided upon Property Inspection
Transportation Accessibility
• Public transportation: 1-minute walk
• Central station: approximately 10 minutes
• Highway: approximately 5 minutes
• Airport: approximately 35 minutes
Property Description
We offer a functionally designed residential and commercial building with an attractive investment return.
The property includes:
• 3 residential apartments
• 1 commercial space
A well-known seafood restaurant with a summer terrace and outdoor seating has been successfully operating on the ground floor for over 30 years. Over the years, the restaurant has become an integral part of the pedestrian zone and
Property Overview
• Year built: 1958
• Number of units: 4
• Apartments: 3
• Commercial premises: 1
• Total area: 316 m²
• Living area: 138 m²
• Commercial area: 178 m²
• Plot area: 92 m²
• Floors: 3
• Annual net rental income: €52,200
• Multiplier: 11.5
• Yield: 8.7%
Features and advantages
• Capital construction
• Reinforced concrete floors
• Gable roof
• Full basement
• Central gas heating
• Balcony
• Terrace
The residential and commercial building was constructed using reliable construction methods, with reinforced concrete ceilings and A full basement.
The building is located on a plot of approximately 92 m² and features a classic gable roof. The basement, ground floor, and first floors are entirely occupied by a long-standing restaurant specializing in fish delicacies. The three floors above are functionally designed, furnished apartments, which are currently successfully rented out through Airbnb and for short-term stays.
This combination of stable commercial rent and flexible residential use offers optimal opportunities for profitability in the city center.
Division:
Basement – ​​62 m², cold storage/warehouse
First floor – 54 m², catering space. 1st floor – 62 sq m, Grocery Store – Kitchen – Terrace
2nd floor – 56 sq m, 2 rooms, kitchen, bathroom
3rd floor – 51 sq m, 1 room, kitchen, bathroom
4th floor – 31 sq m, 1 room, kitchen, bathroom
We'll sell your apartment or house.
We have a selection of apartments and houses for sale in various budgets, including commercial properties.