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Commercial property in a prime location in St. Peter-Ording – potential for conversion into residential use!

Im Bad 31, 25826 St.Peter-Ording (Bad Sankt Peter) – Schleswig-Holstein
850.000 €
2
Room
220 m²
Living Area
Apartment

Historic Cinema "Nordlicht" with significant development potential in the heart of St. Peter-Ording.

A rare opportunity in one of the most desirable coastal locations in northern Germany: The historic cinema NORDLICHT, a fixture of St. Peter-Ording's cultural landscape since 1981, is for sale. The property combines history, a central location, and exceptional development possibilities – for investors and for visionary owner-occupiers alike. Particularly attractive:

According to the zoning plan, in addition to the existing commercial use, alternative concepts are possible. This includes, for example, conversion to apartments or holiday apartments, which could create interesting long-term prospects for owner-occupation or tourist rentals. The property is located on the ground floor of a well-maintained building with holiday apartments and comprises approximately 179 m² on the ground floor, as well as an additional approximately 30 m² in the basement. In addition to the former cinema hall, office space, storage areas, and restrooms are available. A spacious balcony at the rear further expands the potential uses. The property is functionally sound and can continue to be used as a cinema, event space, or commercial space with relatively minimal effort. At the same time, the flexible structure of the space offers a wide range of development possibilities. Possible uses (according to the zoning plan):
* Conversion into apartments or holiday apartments
* Restaurant, bistro, or experiential dining establishment
* Commercial space for retail or services
* Hostel or tourism-related concept
* Continued use as a cinema or event venue
The property is located in the Bad district, just a few minutes from the promenade, restaurants, and the legendary beach. St. Peter-Ording has been one of the most sought-after holiday destinations on the North Sea for over a century and offers year-round tourism, water sports, nature, and a high quality of life. Key features at a glance:
* Central location near the beach and promenade
* Historic property with a cult status
* Approximately 220 m² of total area (ground floor + basement)
* Balcony at the rear
* Flexible usage options
* Conversion to residential purposes is possible according to the zoning plan
* Attractive for investors and project developers
This property combines history, location, and development potential – a rare opportunity in one of the most desirable coastal locations in Northern Germany. Sale directly from the owner – no real estate agent fees.

Are you interested in this apartment?

Object Number
OM-475410(wgl-1103522)
Object Class
Apartment
Object Type
Apartment
Handover from
By arrangement

Purchase price & additional costs

purchase price
850.000 €
Purchase additional costs
approx. 65,984 €
Total costs
approx. 915,983 €

Breakdown of Costs

Purchase price 850.000 €
Real estate transfer tax 55,250 € (6.50%)
Notary costs 7,116 € (0.84%)
Land register entry 3,618 € (0.43%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 3,179€

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By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.61%

Details

Location

Location Check

Nature
150m
Eating Out
50m
Child Friendliness
250m
Sports
300m
Health
250m
Shopping
50m
Culture
50m
Public Transport
150m
Nightlife
50m

Miscellaneous

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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