Completely vacant multi-family building in a central urban location, with a living area of 288 square meters.

For sale is a completely vacant multi-family building in a central location in Krefeld (Blücherstraße 11). The building, dating from 1906, offers versatile usage possibilities for developers, renovators, owner-occupiers, or investors with a focus on design, with approximately 288 square meters of living space. The building is completely vacant, allowing for immediate redevelopment without any legal restrictions related to leases. The property is in good condition but does not meet the standards of a fully modernized new building, therefore offering significant opportunities for optimization and design.

-- Current Layout --
Ground Floor – approximately 80 m²
Office/commercial unit with two separately usable rooms, kitchenette, separate guest toilet, and an additional sanitary area in the wing. The unit is accessible via the main staircase and can optionally be redesigned for residential purposes.
First Floor – Front Building – approximately 40 m²
First Floor – Wing – approximately 42 m²
Second Floor – Front Building – approximately 83 m²
Second Floor – Wing – approximately 43 m²
Courtyard for storing waste containers, bicycles, or for additional landscaping.

-- Development Potential -- This property is particularly suitable for:
- Optimizing the layout and modernization.
- Re-letting.
- Conversion into individual ownership units.
- A combination of living and working space.
- Use by multiple generations.

With a conservative gross base rent of approximately €8-9 per square meter, the potential annual gross base rent, after appropriate modernization, is around €27,600 to €31,100. The specific implementation remains at the discretion of the buyer, based on their economic planning. The asking price is approximately €1,524 per square meter of living space, which is within the market range for comparable multi-family home transactions, according to the current property market report. Optionally, there is the possibility of also acquiring another multi-family home directly adjacent to the property (Blücherstraße 13). Details regarding this are available upon discreet request.

The property is located in a central downtown area of Krefeld, in the Blücherstraße district.

Shopping facilities, public transportation links, schools, and everyday amenities are all located in the immediate vicinity. The city center and the main train station are easily accessible.

In the immediate surrounding area, the former Behn site is currently being developed into a new residential district. This development has the potential to contribute to the structural improvement of the area in the medium term (although construction-related disruptions may occur during the development process).