Residential and commercial building | Existing income and development potential.

Rare investment opportunity in a highly desirable city center location – offering solid rental income, significant development potential, and a calculated purchase price of just approximately €900 per square meter, including the development reserve. The building consists of two floors (ground floor + 1st floor) and comprises:
• 2 commercial units currently rented out
• 1 modernized residential unit (currently not rented out due to the sale)
• 9 parking spaces in the courtyard (6 of which are covered)
• Small garden area

The main building was constructed in 1955 using solid construction methods and is fully basemented. The basement and staircase area date back to the pre-war period.

The apartment was extensively renovated around 2005 and has been continuously modernized since then:
• High-quality parquet flooring
• New doors, windows, bathrooms, and kitchen
• 2 loggias, 1 balcony

In the rear of the property, there is a double carport, as well as three additional lightweight carports. Area overview:
• Property size: 616 m²
• Total existing area: 261 m²
Breakdown:
• Apartment: 114 m²
• Commercial space: 151 m²
Parking spaces:
• 9 car parking spaces, of which 1 is currently vacant (this space is associated with the apartment). Significant expansion potential through:
• Addition of up to 3 full floors, plus a rooftop floor.
• Additional development on the rear portion of the property.
A feasibility study for the expansion and additional development has already been conducted and approved. This previous planning inquiry allowed for an additional usable area of approximately 470 m², which represents approximately 180% of the existing usable area. Revenue data:
• Annual net cold rent (target): €35,868.76
• Factor: 18
Breakdown:
• Commercial: €17,786.76
• Residential: approximately €15,000.00
• Parking spaces: approximately €3,082.35
Rental status:
• Residential: currently vacant due to the sale.
• Commercial: 2 units are rented (no vacancies).
Key figures:
• Heating system: district heating.
• Purchase price (existing property): approximately €2,490.42/m²
• Purchase price including development reserve: approximately €900/m²

City center, Southwest district, 67655 Kaiserslautern

* Central location in the city center with high visibility and a quiet environment.
* Close to the city park, the Palatinate Forest, the Fritz-Walter Stadium, and the Stiftskirche (collegiate church).
* Main train station within walking distance, with ICE (high-speed train) connections to Frankfurt, Saarbrücken, and Paris.
* Direct access to the A6 and A63 highways, and to Frankfurt/Main Airport (1 hour) and Saarbrücken Airport (50 minutes).
* The urban atmosphere and diverse leisure opportunities make this location attractive for both residential and commercial use.