Investment opportunity with potential: Residential and commercial building.

This property is a charming, three-story residential and commercial building constructed with timber framing, featuring a partial basement and a fully developed attic. The building was erected before 1900, is listed as a historical landmark, and underwent extensive and comprehensive renovations in 1988. Since then, the property has been continuously maintained and cared for. The building currently comprises six residential units and a restaurant located on the ground floor. The commercial unit has a main area of approximately 207 square meters, along with additional ancillary spaces of approximately 35 square meters. Currently, the space is used as a restaurant, and it includes a bar, kitchen, and separate ladies' and gentlemen's restrooms. However, due to its size and layout, the unit is also suitable for alternative uses. The six residential units are distributed as follows across the upper floors:
– 1st floor, left: 4 rooms, approximately 92 square meters
– 1st floor, right: 3 rooms, approximately 80 square meters
– 2nd floor, left: 4 rooms, approximately 92 square meters
– 2nd floor, right: 3 rooms, approximately 80 square meters
– Attic, left: 3 rooms, approximately 65 square meters
– Attic, right: 2 rooms, approximately 58 square meters The property includes a partial basement, which offers additional storage and utility space. The outdoor areas surrounding the building are mostly paved and primarily used as parking spaces. The foundations and ground slabs were constructed using reinforced concrete. Currently, the rental income is significantly below the local average, presenting an interesting economic development opportunity for the potential buyer.

The property is located at Auf der Heide 4, 35066 Frankenberg (Eder). Schools and everyday amenities are easily accessible from here, and some are within walking distance. It's particularly worth noting the proximity to the charming old town of Frankenberg, which is also conveniently reachable on foot and contributes to the attractiveness of the location with its historical charm.

Frankenberg combines a well-developed infrastructure with a historical cityscape and good connections to the surrounding region. This makes the location ideal for both residential and commercial purposes.