Purchase below standard land value: Gutted terraced house with development potential in Dortmund-Marten

In a mature and quiet residential area of Dortmund-Marten, this mid-terrace house presents itself as an exciting opportunity for project developers, investors or ambitious builders. The property is located at Steinhammerstraße 89 and was originally built in 1892 as a solid construction. The last comprehensive modernization took place in 1945.

With a generous living space of approx. 248 m² on a 438 m² plot, the property opens up a wide range of potential uses - from demolition and new construction to creative interim use and other usage concepts.

The house has a ground floor and upper floor, an unfinished attic and a basement with a full cellar. The property is fully developed and is not subject to a preservation order - ideal conditions for individual design options.

The standard land value of the property is € 330 / m² and, with a plot area of 438 m², results in a land value of € 144,540. This results in a purchase price below the standard land value.

Dortmund-Marten, a district in the west of the Ruhr metropolis of Dortmund, combines urban living with high development potential. As part of the dynamic Ruhr area, Marten benefits from strong economic integration into the Rhine-Ruhr metropolitan region - one of the largest conurbations in Europe with over 10 million inhabitants. Dortmund itself has a population of around 600,000 and is considered an important location for technology, logistics and services.

Marten is characterized by a lively mix of traditional residential quarters, Wilhelminian-style buildings and modern infrastructure projects. Families and commuters in particular appreciate the excellent transport connections: The S4 S-Bahn line, the U44 light rail line and various bus routes provide quick connections to the city center (approx. 15 minutes) as well as to surrounding cities. Regional and national destinations are also easily accessible via the nearby A40 and B1.

The district is also gaining in quality of life thanks to numerous urban initiatives - such as the redesign of the Martener Zentrum, the expansion of green spaces and investments in schools and daycare centers. The demand for residential space in Marten is rising continuously: according to current market analyses, the average price per square meter is around €2,150 (2024) - with further potential for appreciation.

Steinhammerst­rasse 89 is located in a central, established residential area with excellent local amenities. There are supermarkets, pharmacies, bakeries, medical centers, schools and daycare centers in the immediate vicinity - all within walking distance. The "Dortmund-Marten Süd" stop is located in the immediate vicinity and offers excellent public transport connections. The popular Indupark shopping center and Dortmund Hospital are also just a few minutes' drive away.

At the same time, the proximity to Volksgarten Lütgendortmund and the Hallerey nature reserve offers a wide range of leisure and recreational opportunities in the countryside.