You will love this residential building with commercial in Hettstedt, Saxony-Anhalt federal land. The property includes 2 residential and 14 commercial premises (13 of which are rented).
Land Area- 4,871 m2
Total Area – 2780.66 m2
Commercial Area –2,671.66 m2
Residential Area – 109.00 m2
Revenue from the rent – €223,817.76 per year (up to €228,575.76 if fully rented)
Rate of return – 9.33% (up to 9.52% if fully rented)
Price – €2,400,000
Year built – 1994-1995
The main tenant is Penny Markt supermarket that rents about 900 m2 since 1994. Its lease is valid until 2019 with 4 more renewal options for 2 years each.
Another large tenant is a restaurant that leases about 350 m2.
Other tenants are: a pharmacy, insurance company office, law office, medical offices, hairdresser, video rental, butcher's shop, and a tourist bureau.
Hetstedt is a German town located in Saxony-Anhalt federal land. It is part of the Mansfeld district. The population is about 16,000 people.
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Do not miss a unique opportunity to have a residential building with commercial premises in Germany!
- Type of Property: Mixed object
- Property Type: Secondary market
- Status: Good
- Location: Hettstedt, Saxony-Anhalt, Germany
- Living Area: 109 m²
- Land Area: 4871 m²
- Total Area: 2780 m²
- Sale Price: €2,400,000