Building plot with commercial hall in central location of Essen

For sale is a project plot in absolute top location in the second row with a size of approx. 859 sqm. On the property is currently an office building and a large commercial hall in a rehabilitable condition. The buildings are currently used as temporary storage space.

Currently, a preliminary building application is being processed for the development of 4 terraced houses with a living area of approx. 130 sqm each. The building authority in Essen has already verbally confirmed the development in compliance with the building regulations. It would be conceivable to divide the property into 4 plots after the purchase, to have them built on and then to sell the houses or to occupy them ourselves. A contact to a house building company can be established.

It would also be possible to continue to use the property as a commercial area and to renovate the hall or to build a new commercial hall.

The sale can be handled via a share or an asset deal.

The property for sale is centrally located in Essen-Altenessen. It is within walking distance of the Allee-Center and 10 minutes by car to the center of Essen. A bus stop is located in the immediate vicinity of the property (2 minutes walk). You can reach the subway in about 5 minutes by foot.

The connection to the A42 and A40 is also optimal and can be reached in about 3 minutes. There is also a supermarket in the immediate vicinity. The central location of the property makes this offer a TOP object for the development of terraced houses with good future potential.