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1.168,- EUR/sqm! Residential and commercial building with lots of potential in the center of Nidderau

61130 Nidderau (Heldenbergen) – Hessen
1.190.000 €
221 m²
Living Area
1,617 m²
Property
apartment building or investment property
residential and commercial building

City center investment: High-yield opportunity in Nidderau-Heldenbergen! (commission-free for the buyer)

Located on the main street of Nidderau-Heldenbergen, we offer you a unique opportunity for a high-yield residential and commercial building consisting of 2 multi-storey building sections. This real estate gem comprises a total of 9 rental units, consisting of 6 commercial and 3 residential units on a total rental area of approx. 1,018 m2. The building complex extends over a corner plot of approx. 1,617 m2 at the intersection of Windeckerstraße and Karbenerstraße. The building complex consists of an old building, estimated to be from the early to mid-20th century, and a large extension from 1982. Both parts of the building were built in solid construction and have partial to full basements.
The old building has a total of 4 units, consisting of a commercial unit currently used by an insurance agency and 3 residential units on the upper floors. The basement houses the building services and storage rooms for the tenants. The newer part of the building comprises a total of 5 commercially used rental units. On the street side, there are 3 store units with large window fronts and good visibility at the crossroads. The upper floor is shared by 2 office tenants.
The large inner courtyard has a total of 25 parking spaces which are available for tenants and visitors to the property. The buildings are heated by a modern oil-fired central heating system. The old building is in need of renovation in keeping with its age. The extension, on the other hand, has already been partially renovated and is in a well-kept condition.
The annual net rent is currently EUR 68,045.04. However, the potential of this investment is impressive: by re-letting the currently vacant store unit and adjusting the existing rents in line with the market, a significant increase in the annual net rent to realistically up to EUR 110,000.00 can be realized. As an option, it would also be conceivable to rent out parking spaces for a fee to further increase returns.

Has this offer piqued your interest? Then we look forward to presenting this lucrative offer to you in person. Convince yourself of the diverse possibilities of this investment and arrange a viewing today.

If you have any questions or would like to make an appointment, please call us on the following number:

Tel.: 06181-3062371

Special features:
- 2 buildings with mixed use
- Central location, very good visibility and flexible letting options
- Large plot with numerous parking spaces
- High returns through new rentals and rent adjustments
- Buildings have partial basements
- Well-maintained general technical and visual condition
- Double-glazed plastic windows

Are you interested in this offer?

Object Number
OM-290042
Object Class
apartment building or investment property
Object Type
residential and commercial building
Handover from
immediately

Purchase price & additional costs

purchase price
1.190.000 €
Purchase additional costs
approx. 85,619 €
Total costs
approx. 1,275,618 €
Price per m²
1,168.95 €

Breakdown of Costs

Purchase price 1.190.000 €
Real estate transfer tax 71,400 € (6.00%)
Notary costs 9,401 € (0.79%)
Land register entry 4,818 € (0.40%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 4,355 €

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.49%

Details

Condition
by agreement
Year of last modernization
2023
Number of floors
3
Commercial area
798 m²
Total area
1018 m²
Number of parking lots
25
Net rental income (target) p.a.
110000 €
Net rental income (actual) p.a.
68045 €
X-times rental income
17.40
Number of units
9
Flooring
laminate, tiles
Heating
central heating
Year of construction
1982
Equipment
balcony, terrace, basement, roof terrace
Infrastructure
pharmacy, grocery discount, general practitioner, kindergarten, primary school, middle school, high school, comprehensive school, public transport

Information on equipment

- Total rental area approx. 1,018 m2
- Plot area approx. 1,617 m2
- Price per m2 of rental space approx. € 1,168.95
- 9 rental units
- Strong increase in value and high yield through new letting and rent adjustment
- 2 buildings with mixed use
- Central location, very good visibility and flexible letting options
- Large plot with numerous parking spaces
- Some of the buildings have basements
- Well-maintained general technical and visual condition
- Double-glazed plastic windows

Location

The residential and commercial building is located directly on the main road in Nidderau-Hodenbergen, surrounded by a mix of residential buildings and commercial properties as well as numerous shopping facilities. The town is located on the north-eastern edge of the Rhine-Main region in the Main-Kinzig district of Hesse. It extends over several districts, including Heldenbergen, Windecken, Erbstadt, Eichen and Ostheim. With a population of around 19,800, Nidderau offers a pleasant mix of rural idyll and urban convenience.
Nidderau has a solid educational infrastructure that meets the needs of families. A total of four elementary school and a first-class secondary school are available here. Nidderau is also attractive for parents with young children, as there are numerous daycare centers that guarantee qualified care and support for the little ones.
Nidderau is well equipped to meet the daily needs of its residents. Various supermarkets offer a wide range of products, making everyday errands easier. For healthcare, there are doctors and pharmacies on site to look after the well-being of residents. Hospitals are located in the immediate vicinity and guarantee comprehensive medical care.
The town of Nidderau is located in a charming environment with picturesque nature. The Nidder, a river that meanders through the town, offers local recreational opportunities and invites you to take relaxing walks. The good transport links enable residents to easily reach the surrounding cities of Frankfurt, Hanau and Offenbach, while at the same time benefiting from the peaceful atmosphere of a tranquil town.
Nidderau, with its various districts, educational and childcare facilities, shopping facilities and reliable healthcare, offers an attractive residential area for families and people of all ages. The surrounding nature and proximity to major cities round off the positive overall picture of this vibrant community.

Location Check

Sport
Medizin
Mobilität
Einkaufen
Natur
Restaurants
Nachtleben
Kultur

Energy

Energy certificate type
consumption certificate
Main energy source
oil
Final energy consumption electricity
11.00 kWh/(m²a)
Final energy consumption heat
160.00 kWh/(m²a)

Miscellaneous

All details listed are based on non-binding information provided by the seller. No liability can therefore be accepted for the accuracy and completeness of the information. This exposé is for information purposes only and does not constitute a contractual offer. Changes and errors excepted.

Broker inquiries not welcome!

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Phone: 06181 3062371