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Residential and commercial building in a central location in Lohmar.
Kirchstraße 8, 53797 Lohmar – Nordrhein-WestfalenResidential and commercial building in a central location in Lohmar
Attractive investment property with development potential
In the heart of Lohmar, we are offering this well-maintained residential and commercial building for sale (privately, without a real estate agent) – a property that combines a classic city-center location with stable rental income and additional potential for appreciation. Property details:
The building was constructed in 1952 and extensively renovated between 2015 and 2017. It is divided into two rented units:
Retail space on the ground floor: 43 m², currently rented as an office (tax advisory firm) for a cold rent of €750 per month.
Duplex apartment on the upper and attic floors: 90 m², currently rented (since 2017) for a cold rent of €790 per month.
Both units are rented on long-term leases and generate a current gross annual income of €18,480. Potential for rent increases.
A particular advantage for investors: The cold rent for the 90 m² duplex apartment is currently significantly below the local average rental rates. Adjusting the property to the local rental market levels presents a significant potential for increasing the gross rental income – and thus, additional potential for increasing the property's value beyond the current figures. At a glance:
Location: City center of Lohmar
Year of construction / Renovation: 1952 / 2013-15
Use: Residential and commercial building
Ground floor retail space: 43 m², rented, €750/month (net)
Apartment (upper floors/attic): (Maisonette) including parking space, 90 m², rented, €789/month (net)
Current gross annual rental income: €18,468
Special feature: Apartment rent below the local rental price index – potential for rent adjustment.
This property is ideal for investors who value a central location, a stable tenant base, and genuine potential for appreciation. Sale directly from the owner – without a real estate agent, and therefore without additional buyer's commission. Interested parties are welcome to request further documentation and arrange a viewing.
Are you interested in this house?
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Object Number
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OM-492265
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Object Class
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House
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Object Type
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Townhouse
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Is occupied
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Occupied
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Handover from
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Immediately
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Purchase price & additional costs
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purchase price
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349.000 €
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Purchase additional costs
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approx. 27,439 €
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Total costs
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approx. 376,439 €
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Breakdown of Costs
* 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: 1,429€
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Details
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Condition
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Modernized
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Number of floors
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3
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Usable area
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54 m²
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Bathrooms (number)
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1
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Bedrooms (number)
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2
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Number of parking lots
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1
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Flooring
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Laminate, Carpet, Tiles
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Heating
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Central heating
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Year of construction
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1952
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Equipment
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Basement, Shower bath, Guest toilet, Air conditioning
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Infrastructure
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Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Middle school, High school, Public transport
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Information on equipment
Comprehensive renovation of the apartment, 2013-2015
Between 2013 and 2015, the building underwent a comprehensive and forward-thinking renovation, involving architects, building permits, and final inspection by the city of Lohmar. A detailed photographic documentation of the construction work is available.
* New roof structure with modern thermal insulation and vapor barrier.
* To increase the living space: two small gables on the street side and a dormer window on the rear of the roof.
* New shower room in the attic.
* New guest toilet on the upper floor.
* New electrical wiring throughout the apartment, as well as a new electrical distribution panel on the upper floor.
* New floor plan on the first floor.
* All walls have been newly plastered.
This renovation provides a modern standard of living while preserving the building's character.
Renovation of the commercial space, 2006. In 2006, the ground-floor retail space underwent a comprehensive modernization and was prepared as a self-contained rental unit, clearly separated from the residential apartment:
• New flooring
• New display windows and a new entrance door
• New electrical wiring and a new electrical distribution system with its own meter
• Modernization of the layout
• New radiators
• Walls repainted
• Structural separation from the apartment to create a self-contained rental unit.
Thanks to this early modernization, the retail space has had its own, independent supply and disposal infrastructure for almost twenty years, and can be rented and billed independently of the apartment. For transparency: The gas heating system in the basement is still functioning reliably, but is aging – a replacement should be planned for the future. The existing energy performance certificate has expired and will be provided.
Location
Location: Center of Lohmar
The central location in the town center (opposite a discount supermarket) ensures high visibility and foot traffic for the retail space, as well as strong demand for the apartment. Short distances to shops, restaurants, and everyday necessities are a given here. This location provides a solid foundation for the long-term and reliable rental potential of both properties.
Location Check
Energy
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Main energy source
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Gas
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Miscellaneous
Send a message directly to the seller
Questions about this house? Show interest or arrange a viewing appointment?
Click here to send a message to the provider:
Offer from: Michael Schenkelberg
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