House for sale in Zeitz, Germany

Property description: A two-story residential and commercial building with a basement and extensions, presumably built in 1866 and expanded through additions and renovations until 1946. The building comprises a total of 150 square meters of living space and 285 square meters of usable space. It was renovated, restored, and modernized in 1992. The ground floor includes a hallway, a sales room, a workshop, a storage room, a WC facility, and a pantry on a 165.43 square meter area. The first floor features 3 storage rooms (one with a WC), an office, a hallway, a bathroom/WC, 2 chambers, a kitchen, and 2 rooms on a 120.31 square meter area. The second floor consists of a hallway, a bathroom/WC, 2 chambers, a kitchen, and 2 rooms on a 77.36 square meter area. The property is partially rented out and heated by a natural gas central heating system. Additionally, there are natural gas exterior heaters, ceramic stoves, and a fireplace on the upper floor. It appears that the potential uses are limited due to age-related wear and tear, as well as damage to the finishing works and parts of the rough construction works. The property is located within the archaeological monument area of Zeitz Old Town. Price thoughts: The property is listed for sale at a market value of €95,000. However, there is the potential to secure a 30% discount on the market value, making the purchase price €66,500. This discount, along with the waiver of notary fees and agency commissions, presents a favorable opportunity for interested buyers. The property offers a lot of space and potential, especially for those looking to invest in a property with historical significance and the opportunity for future renovations.