5.14% yield property in the center of Kandel Residential & commercial building OPTION incl. building site corner plot

### **Attractive residential and commercial building in the center of Kandel - investment with potential!

For sale is a versatile residential and commercial building** in a prime downtown location in Kandel. The **highly frequented business location** makes the property particularly interesting for investors who want to achieve a solid return.

The building was built **in 1981**, regularly modernized and most recently extensively **renovated and thermally insulated**. It has **one rented commercial unit on the first floor and two residential units on the upper floor and attic**, which are also let on long-term leases.

Thanks to its **central location**, both commercial and private tenants benefit from a very good infrastructure with numerous shopping facilities, restaurants and local public transport in the immediate vicinity.

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### **Object details at a glance**

🔹 **Year of construction:** 1981
🔹 **Plot area:** approx. **305 m²**
🔹 **Commercial unit (first floor):** approx. **83 m²** (rented)
🔹 **Apartment 1 (1st floor):** approx. **88 m²** living space (rented)
🔹 **Apartment 2 (top floor, 2nd floor):** approx. **54 m²** living space (rented)
🔹 **Annual net cold rent:** over **38,000 €**
🔹 **Yield:** **approx. 5.14 %**
🔹 **Numerous parking spaces available**

**Purchase price: € 740,000 (from private owner, without commission)**

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### **Additional building plot - perfect expansion opportunity**

There is the option of acquiring an **adjacent corner plot in a prime city center location** for **€140,000**. This plot is located at a **highly frequented intersection** and offers the perfect opportunity for **a new development**, be it as **another commercial unit, a residential building or a mixed-use building**.

📌 **Special advantages of the property:**
✅ **Plot area:** approx. **305 m²**
✅ **Direct location on the main road** - high visibility for commercial or business premises
✅ **Location in redevelopment area** - increased tax depreciation possible within **10 years**
✅ **Boundary development possible** - efficient use of space
✅ **Funding opportunities through urban development funding**

🏠 **Total price for house + building plot: €880,000**

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### **Special features and advantages of this investment:**
✔ **Top location in the center of Kandel** with high pedestrian frequency
✔ **Solid rental** - immediate income through long-term rental agreements
✔ **Renovated and thermally insulated building** - low maintenance costs
✔ **Attractive yield of approx. 5.14 %** - ideal for investors
✔ **Tax advantages due to redevelopment area** - depreciation options for investors
✔ **Expansion potential through optional building plot**

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📞 **Direct contact - private sale (without commission)**
☎ **0174 3905236**

Take advantage of this unique opportunity to acquire a high-yielding property in a prime location! **Arrange a viewing appointment now** 🏢💼

Location description
The property on offer is in a central and highly frequented location in Kandel. Thanks to its excellent connections and proximity to important transportation hubs, the area offers the best conditions for commercial, residential and investment purposes.

Optimal accessibility & infrastructure
The location is characterized by very good transport connections. The train station is just a few minutes' walk away and offers a direct connection to the regional and national rail network. The A65 highway is also just a few minutes away, making cities such as Karlsruhe, Landau and Neustadt easily accessible. In addition, several bus routes provide good connections to the surrounding communities.

Attractive business location with high customer frequency
The property is located in a lively business area characterized by retailers, service providers and restaurants. Thanks to its central location and high footfall, the property offers ideal conditions for commercial use.

Quality of life & local amenities
There are shops, restaurants, cafés, doctors and pharmacies in the immediate vicinity. Kindergartens, schools and other educational facilities are also within easy reach. In addition, numerous leisure and recreational facilities in the surrounding area offer a high quality of living.

Investment potential & future prospects
The location is one of the most sought-after in Kandel and offers excellent development opportunities. Thanks to the attractive mix of residential and commercial properties and the proximity to major transport routes, the property is a worthwhile investment with stable appreciation potential.

Take this opportunity to acquire a high-yield property in an excellent location! 🚀