Hotel in Essen, Germany, 1 250 m²

Germany. Essen. Hotel.
Hotel in the city center, 45127 Essen; 1,250.85 m² (on an 841 m² plot of land)
Property ID: 18070
Online viewing available | Remote purchase option
€2,500,000
€1,998/m²
Property type: Hotel
Year of construction: 1910 / Renovated: 2017
Floors: 1–4
Total area: 1,250.85 m²
32 apartments, 17 parking spaces
Annual income (actual): Available upon request
Apart-hotel in Essen, Germany
An attractive commercial real estate investment opportunity
Offered for sale is a modern apart-hotel located in the city of Essen, in the federal state of North Rhine-Westphalia, Germany.
The property is a thoroughly modernized building with historic architecture, combining an appealing exterior with functionality and excellent potential for generating income through commercial operation.
Originally built between 1909 and 1910, the building underwent comprehensive modernization and renovation in 2017.
A key advantage of this property is its 32 independent apartments, each equipped with its own kitchen. This configuration allows the property to be used for various accommodation formats—ranging from short-term rentals to long-term stays. Key Property Features
• Property type: Aparthotel
• Number of apartments: 32
• Year of construction: 1909–1910
• Year of comprehensive modernization: 2017
• Number of floors: 3 full floors + an attic level
• Living area: approx. 754.96 m²
• Total area: approx. 1,250.85 m²
• Land plot area: 841 m²
• Parking spaces: 17
• Heating: Central
• Private kitchen in every apartment
Investment Advantages
1. 32 independent apartments
Each apartment features its own kitchen, allowing for independent rental arrangements and multiple streams of rental income.
2. Versatile operational potential
The property is suitable for:
• Short-term and daily rentals.
• Long-term apartment rentals.
• Accommodation for business travelers and those on work assignments.
• Hotel business operations.
• A "serviced apartments" model (apartments with hotel-style services).
3. Comprehensive modernization
The building underwent an extensive modernization in 2017, representing a significant advantage for the future owner.
4. Private parking
The 17 parking spaces provide added convenience for guests and tenants.
5. Spacious land plot
The 841 m² land plot offers a solid foundation for property operations and the provision of parking space.
This property is particularly attractive to investors, private entrepreneurs, hotel operators, and companies specializing in commercial real estate management. The combination of a historic building, completed modernization, 32 independent apartments (each with its own kitchen), 17 parking spaces, and an 841 m² plot of land makes this property an attractive offering in the German commercial real estate market.
Additional documentation is available upon request, and individual viewings can be arranged.
In summary: an apartment hotel featuring 32 independent units, a total area of ​​approximately 1,250.85 m², an 841 m² plot of land, and 17 parking spaces — an appealing investment opportunity in the city of Essen.
Buyer’s commission: 3.57% of the property’s purchase price.
We can also assist with the sale of your apartment or house.
We offer a selection of apartments and houses across various price ranges, including commercial properties.