Store in the central area of Munich, Germany

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Store in the central area of Munich, Germany

2,100,000 €
14,000 € /m²
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  • Total area
    150 m²
  • Yield
    3.0 %
  • Rental rate (m²/month)
    35 €
  • Built in 
    1900
Details
Property parameters
  • 6-floor building
  • 1 floor
Financial performance
  • Annual income: 63,600 €
Transaction costs
  • Notary (state registration): 1.5 %
  • Acquisition tax: 3.5 %
  • Broker: 4.76 %

Store in the Lehel district located within walking distance of Munich's main attractions.

Description

The commercial space is located on the ground floor and is in very good condition. The space is characterized by high-quality repair works carried inside and modern design.

Large windows in the form of arches overlook a busy street with high traffic.

Location

The property is centrally located in the Lehel district, not far from the Old Town. Metro, tram and bus stops are approximately 2–5 minutes walk from the property. Munich's central square, Marienplatz, is approximately 700 meters away. The Altstadtring ring road starts approximately 200 meters from the property.

The Lehel district, located in the heart of Munich, is considered one of the best and most popular among other central areas of the city. It has mainly commercial buildings, as well as many exclusive apartments in renovated old buildings, whose Art Nouveau architecture is one of the most beautiful in Munich. Lehel borders the English Park on one side and the Old Town on the other.

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.

  • Property on the map
    Location right down to the building, street or city

More properties

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

You can see more retail space for sale in Munich elsewhere on our website.

Statistics in Munich

Price per m², €
10,093
Healthcare efficiency level
78
Index 78 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
84
Index 84 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 10,092.59
Apartment in a bedroom community, m² 7,096.3
Transport Price, €
Public transport, 1 ride 2.9
Monthly travel card 66.6
Taxi, 1 km 1.9
Petrol, 1 l 1.45
Food Price, €
Water, 1.5 l 0.56
Milk, 1 l 0.9
White bread, 500 g 1.44
Eggs, a dozen 2.27
Chicken fillet, 1 kg 7.95
Education Price, €
Kindergarten, per month 622.4
International school, per year 14,350.0
Health care index
Staff competence 78.75
Medical equipment 91.67
Research accuracy and completeness 80.82
Attitude towards patients 74.69
Security index
Crime rate 10.77
The risk of being robbed 11.56
The risk of car theft 14.03
The risk of break-in and property damage 21.88

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Anna Kurianovich
Anna Kurianovich
Investment consultant in Munich
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