Store in a prestigious area of Munich, Germany

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Store in a prestigious area of Munich, Germany

1,295,000 €
7,275 € /m²
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  • Total area
    178 m²
  • Yield
    3.7%
  • Built in 
    2004
Details
Property parameters
  • 1 floor
Financial performance
  • Annual income: 48,000 €
Tenants
  • No tenants
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 3.0% + VAT

Store in the Pasing area.

Description

The store is located on the ground floor of a residential building with commercial premises. The store has access to the area in the basement.

It also includes a parking space in the garage.

The building where the store is located is in good condition.

Location

The property is centrally located in the prestigious district of Munich, Pasing. The property is located next to Pasing Square and the metro station, which provides high traffic.

Pasing is the lively western center of the Bavarian capital of the country, and there are a lot of merchants around the Marienplatz square and Pasing station. The area has its own town hall, and the railway station is the most important transportation hub in the west of the city.

Pasing was and remains a center with a variety of shops, medical, social and school facilities. Pasinger Fabrik with its theatrical venues, concerts, exhibitions is one of the features of the cultural life of the region. The most important areas of industrial enterprises stretch north and south along the railway.

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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