Other for sale in 20 01259 Dresden - Sachsen, Germany

• Anzahl der Etagen im Haus 5

Property Description: A fenced property with an existing building located at Försterlingstrasse 20 in 01259 Dresden is now available for sale. The property features a land size of 3,763m² in a commercial mixed-use area, with a building size of 5,148m² spread over 6 levels. The building offers the potential for approximately 4,120m² of living space once restored. Constructed in 1975 and last renovated in the 1990s, the building features a steel frame with concrete composite slabs and a hanging aluminum facade of the "Leipzig" type (from the DDR construction association). The property is free of building encumbrances in the land register, with no mortgages recorded. A building permit for the creation of residential space, including a noise impact assessment, has already been granted. The property is suitable for conversion into residential units, a nursing home, clinic, or restoration of a commercial building. For residential purposes, the property can accommodate up to 30 family-friendly units or up to 50 socially subsidized rental units. Detailed plans for these options are available. For commercial use, detailed plans for a medical center, dormitory, office space, and secure self-storage with safes are already in place and can be utilized without additional cost. The property is in good structural condition, with a dry basement constructed from waterproof concrete. The basement includes multiple multipurpose rooms, a delivery ramp, and openings for freight elevators. Two floors have already been fully gutted, while the remaining three floors require interior demolition (drywall and wood partitions). Detailed information on waste quantities and estimated costs for renovation work have been documented, allowing for precise planning. The facade may require some insulation upgrades and can be enhanced with an aluminum veneer. Alternatively, the facade can be removed in 1x3m modular sections using a crane and recycled on the ground. Thoughts on Price: Given the size of the property, the potential for residential and commercial development, and the favorable location in Dresden, the asking price of 2.800.000€ reflects the value that the property offers. With detailed plans already available for various usage options and the solid structural condition of the building, this property presents a unique opportunity for investors looking to capitalize on the growing real estate market in the area. Further investment in renovation and development could yield significant returns in the future.