The 4-story solid brick building is located within a redevelopment area. It underwent an extensive reconstruction in 1993. The light-colored facade still shows lovely ornaments and stucco. The front of the house has revamped wooden double box windows, the back has PVC insulated windows. Entrance hall and staircase were lavishly designed with an interesting mixture of stoneware and hardwood plus additional decorating wall panels and glazed railing between cast-iron struts. The residential and commercial building has a gas central heating and hot-water system. The open paved back area features several parking lots arranged in a circle which is framed by well-kept greeneries. The access is done at the East-facing gable of the house.
Fully tenanted, 6 commercial, 3 residential units plus 15 parking lots. Annual net rental income is EUR 41,871 plus utilities excl. one vacancy.
The property is located in the district-free city of Frankfurt/Oder, which is surrounded by the federal state of Brandenburg and adjacent ot the Republic of Poland, city of Slubice. Frankfurt/Oder has a population of about 62,000 and is divided into 5 districts and several sub-areas. Besides historic buildings, monuments, theaters and museums there are also schools, kindergartens, shopping and medical facilities. The city is home of the Europe University Viadrina. Industries are e.g. environmental & power engineering enterprises and microelectronics.
The property in question is sited about 1 km west of the Gubener Vorstadt (Guben Suburbia) in the sub-section Altberesinchen, about 2 km S/W of the city center in an area of mainly 3- to 4-story development. It's a dead-end road. The nearest public transportation is a streetcar route flanking close to the eastern boundary of the property. The highest building of Brandenburg, "Oderturm" (Oder Tower), is also about 2 km away. The 25-story high rise of about 89 m houses offices, a shopping center and a restaurant on the 24th floor, overlooking the city and beyond.
Besides streetcar and bus routes there are B 78 and B 112 federal roads available. Furthermore, at a distance of maybe 500 meters, the train station provides access to regional and national rail services as well as A 12 state highway about 4 km away. By car it's maybe an 80 km ride to the airport at Berlin Schönefeld and about 100 km to central Berlin.
The offer is subject to confirmation and free of commission for the buyer.
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