Do not miss the opportunity to buy 4-storey commercial building with residential premises located in the center of Gelsenkirchen (North Rhine-Westphalia). The object was built in 1911 on a plot of 1,180 sq.m. and maintained in very good condition. The last modernization of the building was carried out in 2015.
On the first 3 floors there are various commercial premises. On the top floor there is an attic with a roof garden.
Price - 990,000 euros
The total area is 1,780 sq.m.
Rental income - 86 500 Euro / year
Profitability - 8.73%
Gelsenkirchen is a city of land submission in western Germany, in North Rhine-Westphalia. Located in the northern part of the Ruhr area, part of the Münster administrative district. The population is more than 260 thousand people. At present, in Germany and beyond its borders, Gelsenkirchen is best known for being the birthplace of the Schalke 04 football club. The largest cultural attraction can be called the Ruhr Musical Theater with a capacity of 1005 spectators.
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