House for sale in Espelkamp, Germany

• Anzahl der Etagen im Haus 3
• Balkone 4
• Terrassen 1

Property Description We are pleased to offer you this attractive residential and commercial building in the prime city center location of Espelkamp. Built in 1968, the property sits on a 254 square meter freehold plot. This exclusive property is now available for the first time and offers both commercial and residential usage. The prime city center location ensures excellent visibility and accessibility. The surrounding area is characterized by lively business activity and a good infrastructure, which is beneficial for both business owners and residents. The breakdown is as follows: +++ Commercial space (ground floor): 92.62 square meters with a spacious shop window area of 12.5 meters, ideal for retail or service companies. +++ Residential units: The building consists of two well-designed residential units, each with 96.11 square meters of living space. Each apartment includes: +++ 3 rooms +++ Kitchen +++ Full bath with daylight window +++ Guest WC with daylight window +++ Storage room +++ 2 balconies each The property is fully leased and generates an annual net cold rent of 20,640 Euros, making it an attractive investment opportunity. This residential and commercial building in Espelkamp offers an excellent opportunity for investors and owner-occupiers. The combination of a central location, solid rental agreements, and a well-thought-out layout makes this property particularly appealing. Do not hesitate to contact us for more information or to schedule a viewing. As for the price of 389,000 Euros, it seems reasonable considering the prime location, the potential for both commercial and residential rental income, and the overall condition of the property. It could be a solid investment for someone looking to expand their real estate portfolio.