Office building with an option of reconstruction into a hotel, Frankfurt am Main, Germany. Excellent investment opportunities!

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Office building with an option of reconstruction into a hotel, Frankfurt am Main, Germany. Excellent investment opportunities!

6,500,000 €
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Built in 1972
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Features
  • 16-floor building
  • Number of parking lots: 170
  • Broker: 6.0%
  • Total rooms: 416

The 16-storey office building, constructed in 1972, features a parking for 170 cars.

Advantages

Possibility to reconstruct the building into a hotel, a boarding house, or a student hostel with 416 rooms. A preliminary building permission was executed in 2012.

Financial performance

According to the preliminary costs calculation the amount of necessary investment is 15,000,000 euros.

Location

The property is located at 10 km for the center of Frankfurt and at 15 km from Frankfurt Airport.

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

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Anna Boyarchukova
Anna Boyarchukova
Real Estate Expert Tranio in Frankfurt am Main
+44 20 3608 1267
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    • Bank financing from 1.5% annually
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