Historic property in the old town, protected as a landmark, with building permit for 5 apartments – a development project in Landau.

For sale is a historic property in the old town, located at Waffenstr. 23 in Landau – presented as a ready-to-develop project. The building permit from the city of Landau for the renovation and conversion into a multi-family building with five apartments is already in place. The approved apartment layout (floor area calculation dated August 11, 2026, total approximately 395 m²):
– Apartment 01, Ground Floor: 2 rooms, bathroom, utility room, guest toilet – 65.80 m²
– Apartment 02, Ground Floor: Loft apartment, accessible according to DIN 18040-2 – 62.88 m²
– Apartment 03, First Floor: 4 rooms, bathroom, guest toilet, utility room, storage room – 132.21 m²
– Apartment 04, Attic: 3 rooms, bathroom – 59.95 m²
– Apartment 05, Attic with dormer windows: Loft with gallery, bathroom – 73.82 m²

Condition: The building has a solid foundation. Its structural integrity is sound, and there are no indications of structural damage to the building's fabric. The apartment on the first floor was occupied until recently. It is recommended to renovate the flooring and wall coverings, and partially the flooring, as well as to renovate the bathroom. No structural work is necessary on the first floor. The ground floor and attic are in a raw construction state, allowing for immediate development. A vaulted cellar is located beneath the building. Documents: Fire safety certificate reviewed (inspection report dated March 28, 2026), fire safety concept, energy concept with compliance documentation according to the German Energy Conservation Act (GEG), complete architectural plans, existing condition plans, and a current calculation of living space are available and will be provided to serious interested parties as a package. A buyer can immediately proceed with the construction. Historical Significance: The building (built in 1879, featuring high ceilings and a representative sandstone facade) is a listed building. The renovation costs can be depreciated at a higher rate according to § 7i of the German Income Tax Act. Potential: Upon completion, the property is expected to generate approximately €61,500 in net cold rent per year (based on an estimated €14/m² for the four newly renovated apartments and €11/m² for the large top-floor apartment). Purchase price: €474,000, which equates to approximately €1,200/m² of approved living space. Handover: By mutual agreement. All information is provided to the best of our knowledge and without guarantee; the documents included in the sales package are the definitive source of information.

Waffenstraße is located in the heart of Landau's old town and is a bicycle-friendly street with restricted traffic. The pedestrian zone, town hall square, weekly market, restaurants, and shops are all within a few minutes' walk, as is the main train station with connections to Karlsruhe, Neustadt, and Mannheim. Landau is a university town with a stable demand for housing, and smaller to medium-sized apartments in the city center are particularly sought after.

The property size is 203 square meters, located in the Landau district, plot number 96.