Commercial building in a pedestrian zone - fully let with long-term leases.

TOP INVESTMENT IN A PRIME LOCATION IN HAMBURG-BERGEDORF – FULLY RENTED COMMERCIAL BUILDING WITH DEVELOPMENT POTENTIAL

This distinctive residential and commercial building, dating from the turn of the century, is located in an excellent position on a busy shopping street in Hamburg-Bergedorf. The surrounding area benefits from high foot traffic, an attractive mix of businesses, and a stable tenant base. This property is ideal for investors seeking a long-term, secure investment with additional development potential. Situated on a 329 m² plot, the building offers a total rented area of approximately 394 m². The three established commercial units on the ground floor are let on long-term leases and generate stable annual net rental income of €114,000. There are no outstanding rental arrears! The additional space of approximately 230 m² on the 1st floor and in the attic offers potential for further development or alternative uses. (A building rights assessment has not yet been carried out.) Each commercial unit has its own gas boiler: All heating systems were renewed in 2024; the contract was awarded in 2023, ensuring that all current legal requirements are met. Therefore, no action is required in the coming years. KEY FEATURES AT A GLANCE:
+ Excellent, prime location in the pedestrian zone
+ Fully let commercial building
+ Annual net rental income: €114,000
+ Long-term leases
+ Potential for further development (1st floor & attic) – approximately 230 m²
+ Modern heating systems (renewed in 2024)
+ No commission for buyers
Purchase price: €1,595,000 (factor of 13.99)

The Sachsenstraße is one of the most popular shopping streets in the center of Hamburg-Bergedorf.

Its advantages include:

- High foot traffic
- Excellent public transportation links
- Well-maintained infrastructure
- Attractive environment for visitors
- A strong and diverse mix of businesses, including chain stores, independent shops, and restaurants.

Thanks to ongoing urban development initiatives and growing demand in the Hamburg metropolitan area, the Bergedorf city center is considered a secure and economically stable location.