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864 m²
Plot Area
Private offer
Production / warehouse / commercial hall
Hall

Attractive and well-known commercial property comprising a club and wellness area, together with a multi-family building that also permits commercial rentals, offering interesting investment opportunities. The two buildings are situated on a 864 square meter plot in the commercial district of Hamburg-Stellingen. The property includes a commercial building of approximately 600 square meters, divided into a 220 square meter penthouse and 380 square meters of commercial space, as well as a multi-family building with approximately 220 square meters of living space. All three floors can be accessed via a large, glass-enclosed external staircase. The two lower floors also have an internal staircase. The interior layout can be easily modified as it consists of partition walls. The commercial building was constructed in 1996 and has previously been used as a nightclub, event venue, swingers club, massage parlor, office space, showroom, or even in the adult entertainment industry. Currently, it is mainly used as a party venue with a large dance hall, rented out on a daily basis. The lease agreement for a smaller area of the building has a short duration to allow the property to be vacated. The penthouse is finished to a high standard, featuring a granite floor and a large terrace at the rear that extends across the entire width of the building. It also includes a kitchen and a spacious bathroom in a Mediterranean style, with a shower, bathtub, two sinks, and a toilet. Additionally, there is a large, fully equipped lounge, two single bedrooms, a guest/staff toilet, a dressing room, and a utility room with a washing machine and dryer. Please refer to the floor plans for the exact layout, which may be subject to minor changes depending on the operational requirements. The apartment building consists of four units with sizes of approximately 56, 60, 70, and 30 square meters. All units are currently rented. The building is fully basemented, and the attic has been converted and insulated. There are 4-5 parking spaces in front of the building. Between the buildings, there is an access road to the rear building, as well as a small green area. The rental and lease income for the apartment building is approximately €2750 net/cold rent, and €15 to €18 net/cold rent per square meter for the commercial building. Due to the rental and lease income, these properties are particularly attractive as investment properties. A seller's loan (which is treated as equity by the bank) is also a viable option, making financing easier and faster. Furthermore, owner-occupancy could offer very interesting design possibilities, as the buildings are located directly in a commercial area.

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Object Number
OM-461076
Object Class
Production / warehouse / commercial hall
Object Type
Hall
Handover from
By arrangement

Purchase price & additional costs

purchase price
3.295.000 €
Purchase additional costs
approx. 218,286 €
Total costs
approx. 3,513,285 €

Details

Condition
Well-kept
Number of floors
3
Total area
820 m²
Warehouse/Production area
600 m²
Flooring
Other (see text)
Heating
Central heating
Year of construction
1996
Equipment
Terrace, Garden, Sauna, Fitted kitchen
Infrastructure
Grocery discount

Location

The Stellingen industrial area, located in the Eimsbüttel district, offers excellent access to the A7 motorway. Currently, a forward-thinking noise reduction project involving tunnels and walls is being developed here. Since the construction of the motorway cover in the direction of the north, residents can look forward to more peace and quiet, as well as new green spaces. The cover creates a seamless connection between this part of Stellingen and the development that extends to the Hagenbeck Zoo. Overall, the surrounding area will become more attractive, which will have a positive impact on property prices.

Location Check

Shopping
200m
Public Transport
250m
Sports
200m
Eating Out
200m
Health
500m
Culture
750m
Nightlife
200m
Child Friendliness
200m
Nature
200m

Energy

Energy certificate type
Demand certificate
Main energy source
Gas
Final energy demand electricity
5.30 kWh/(m²a)
Final energy demand heat
135.50 kWh/(m²a)

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Miscellaneous

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Offer from: Gerold Geisler