UNION FILM THEATER, PRENZLAU.

The Union Filmtheater, located at Friedrichstraße 21 in Prenzlau, offers a rare opportunity to acquire a nearly fully-let and established commercial property in a central city location. Situated directly in the pedestrian zone, the property combines its unique historical character with a diversified usage concept and attractive ongoing rental income. Built in 1957 and extensively renovated in 1998, the building is classified as a cultural monument and has shaped the cityscape of Prenzlau for decades. The property, situated on a plot of approximately 2,289 m², has a total rental area of around 2,267 m². With an occupancy rate of approximately 98%, the property boasts a high level of occupancy. The diverse mix of tenants includes a cinema, retail shops, restaurants, an arcade, and offices. The historic cinema, accounting for approximately 43% of the total rental area, is a significant component of the property. Approximately another 39% of the rental area is occupied by the financially strong anchor tenant, TEDi. The remaining space is divided into a gaming arcade, food and beverage establishments, and a smaller office unit, which currently represents the only vacant space in the building. The combination of a central location in a pedestrian zone, a very high occupancy rate, a diverse mix of tenants, and established businesses makes the Union Filmtheater an attractive investment property with a unique selling point. The property is being sold as a full ownership stake. According to available information, there are no environmental hazards or construction liens. An energy performance certificate is available; the building's heating is provided by district heating.

The Union Filmtheater is situated in an outstanding retail location - in the middle of Prenzlau's lively pedestrian zone. Surrounded by numerous stores, cafés and restaurants, the cinema benefits from an excellent location that attracts visitors from all over the area. The strong presence of surrounding retailers creates an attractive mix that makes the Union Filmtheater a magnet for residents and tourists alike.

There are other cultural highlights in the immediate vicinity, such as St. Mary's Church and the Museum of Cultural History, which further enhance the location. Public transport is easily accessible, as are numerous parking facilities, making a visit convenient.

The lively atmosphere of the pedestrian zone, combined with the wide range of shopping and dining options, makes the Union Filmtheater a central meeting point in the heart of Prenzlau and a perfect place for leisure activities and urban togetherness.

Prenzlau is a historic town in Brandenburg and is known as the gateway to the Uckermark, one of the most beautiful and unspoilt regions in Germany. The town is located about 100 km north-northeast of Berlin and is well connected by the A20 and A11 highways and the B109 and B198 federal highways. Prenzlau lies on the shores of Unteruckersee, one of the largest lakes in Brandenburg, and offers an idyllic combination of water, forest and historical sights, including the impressive St. Mary's Church.

The picturesque landscape of the region, the extensive nature reserves and the numerous hiking and cycling trails make the town a popular destination for nature lovers and tourists, especially in summer. Thanks to its proximity to the major cities of Berlin and Szczecin, the city is easily accessible and is increasingly being discovered as an international insider tip for vacationers who want to enjoy rural Germany.