Unique Opportunity on Friedrichstadt's Market Square

For sale is a well-maintained mixed-use residential and commercial building with historic character, originally built around 1900, located in a highly sought-after prime location. The property represents an excellent investment opportunity, offering a solid tenant structure and an attractive combination of residential and commercial use. The mix of residential and commercial units provides effective risk diversification and ensures stable, sustainable rental income. The property's practical layout and high proportion of residential space make it particularly appealing to investors. The ground floor comprises two commercial units, one of which was created by combining two former retail spaces. The first floor features two residential apartments, while the top floor offers a spacious apartment with a rooftop terrace. All units are currently leased, providing the new owner with immediate and secure rental income. The building has been continuously maintained and partially modernized. In 2023, a new heating system was installed, and the bathrooms on the first floor and in the top-floor apartment were renovated. In addition, one of the commercial units underwent a complete refurbishment in 2024. Its prime location directly on the historic market square is a significant advantage, ensuring long-term demand for both residential and commercial rentals. The property is partially protected as a historic monument (roof and façade), which may offer attractive tax benefits for future renovation and preservation work. The building is fully leased and currently generates annual net rental income of €46,800. The property is situated in the absolute prime location of Friedrichstadt, directly on the historic market square. This central and highly frequented location combines excellent visibility for commercial businesses with an attractive residential environment. The combination of vibrant urban life, strong tourism, and well-established infrastructure makes this property a rare opportunity for investors. Properties in this location rarely become available and are known for their long-term value stability.