Store, Munich, Germany

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Store, Munich, Germany

792,000 €
6,491 € /m²
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  • Total area
    122 m²
  • Yield
    4.0%
  • Built in 
    1972
Details
Property parameters
  • 1 floor
Financial performance
  • Annual income: 31,680 €
Tenants
  • No tenants
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 4.0% + VAT

Store near the prestigious area of Munich, Lenbach Garten.

Description

The store is located on the ground floor of a residential building with commercial premises. There is a show window facing the street.

Location

The property is centrally located in the Maxforstadt area, 300 meters from the railway station. A bus and tram stops are a 2–3 minute walk, and a metro station is 5 minutes away. The Altstadtring ring road and one of the largest squares of the city, Karlsplatz, are 600 meters from the property.

The district of Maxforstadt is one of the busiest in Munich. There are four times more people come to this part of the city every day, than live here. This is explained by the fact that Maxforstadt is a center of art, a museum quarter, and also a center of science due to the universities located here.

Munich is the capital of the federal state of Bavaria. The population of Munich is more than 1.5 million people. The city is the largest in Bavaria and the 3rd (after Berlin and Hamburg) in Germany.

Modern Munich is a large industrial and research center, as well as the IT capital of Germany.

Munich attracts tourists due to the large number of architectural and cultural monuments, and it is also the city of museums, many of which were created over the centuries.

Real estate in Munich is the most expensive in Germany. The average monthly income per capita of Munich is 1,600 euros.

More properties

If this property wasn’t for you, take a look at other retail space for sale in Munich.

All ads in the country: retail space for sale in Germany.

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