Apartment building 650 m² in Berlin

Vacant apartment building in bidding procedure.

Description

The apartment building constructed around 1900 is centrally located in a highly sought-after neighborhood in Berlin’s Mitte district.

The property has been vacant for several years and is in need of renovation. The unconverted attic floor was considerably damaged by a fire in 2010 as well as the water used to extinguish the fire. The ceilings underneath were affected and are partially at risk of collapse.

On the side facing the street, there is a gap that offers further potential for new construction, in addition to a possible attic conversion and extension.

A preliminary building permit has not yet been requested for the property.

The property is to be sold in a bidding process and a purchase offer can be submitted by 31 October 2019.

The property is located in the Mitte district, one of the most expensive and popular areas of Berlin. Art and culture can be found here in the numerous galleries, restaurants and cafés. The area has become a point of attraction for new residents from both Germany and abroad.

In addition to residential buildings, there are headquarters of many international and national companies, as well as the Bundestag and Bundesrat, embassies and the federal government.

In addition, the Mitte district is the cultural center of Berlin: within walking distance are Alexanderplatz and Potsdamer Platz squares, the Hack courtyards, and the famous Unter den Linden street. The quarter around Friedrichstraße (Friedrich straße) is known as the prestigious business center of the capital.

The street, where the property is located, has become popular among young gallery owners and designers in recent years. New restaurants are constantly opening here.

Tram, underground and urban railway connections can be reached in just a few minutes.