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47179 Duisburg - Nordrhein-Westfalen
Property Description: This residential and commercial building was originally built in 1953 as a cinema along with the hall, and underwent a comprehensive renovation in 1967, including the addition of the 1st floor of the hall. In 1971, the main building was expanded with the addition of the 2nd floor and attic. Since a change in land use in 1987, the hall has been used as a fitness studio, with only the 1st floor currently in operation. The main building houses a modern casino on the ground floor, with five apartments spread across the upper floors. Additionally, there are six garages in the paved rear section of the property, accessible via the public parking lot on "Kantstraße". The ground floor of the main building features a commercial unit (casino) with approximately 187 m² of usable space. The 1st floor includes a spacious 5 ½ room apartment with a living area of around 171 m², while the 2nd floor has an apartment with approximately 31 m² of living space and a 3 ½ room apartment with about 68 m² of living space. The attic houses another apartment with around 31 m² of living space and a 3 ½ room apartment with a large balcony and approximately 63 m² of living space. The annex on the ground floor contains a commercial unit (self-storage concept) with approximately 638 m² of usable space, and the 1st floor features a commercial unit (fitness studio) with about 624 m² of usable space. The adjacent plot next to the hall is used by the fitness studio. The total commercial space of the three units is approximately 1449 m², and the total residential space of the 5 apartments is around 364 m². The property spans a total area of 1,443 m². The property is fully leased out, with financially stable tenants who have signed long-term contracts or have been renting for several years. The annual net rental income amounts to approximately €120,493.80. There is potential to increase the rental income from the residential units. Price Thoughts: The property offers a diverse range of rental opportunities with a mix of commercial and residential spaces. With a stable rental income and potential for further growth in rental yields, the property presents a solid investment opportunity. The prime location in Duisburg, Nordrhein-Westfalen, coupled with the fully leased status and long-term tenants, justifies the asking price of 1.385.000€Kaufpreis.
47179 Duisburg - Nordrhein-Westfalen