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Unique investment opportunity in the middle of Bad Frankenhausen, versatile MFH

06567 Bad Frankenhausen (Bad Frankenhausen/Kyffhäuser) – Thüringen
499.999 €
14
Room
507 m²
Living Area
576 m²
Property
Private offer
house
multi-family house

This detached apartment building in the middle of Bad Frankenhausen offers an excellent opportunity for investors, tradespeople or people who want to set up their own business.

The house offers a wide range of possible uses: Whether for communal or cooperative living (eligible for subsidies again!), a small business, gastronomy or a combination of these (e.g. assisted living or a guesthouse) - this property offers space for creativity and development.

The property was built in 1914 and has been extensively renovated and modernized in recent years. The completed work includes new roofs, heating, triple-glazed windows, insulation and the installation of a photovoltaic system (5.67 kWp), which makes the house 90% self-sufficient in electricity. The only thing missing is the finishing touches according to your wishes!

First floor (EG):
The first floor offers approx. 144 m² of total space and is currently divided into an event room, stage, office, kitchen, cold room (new refrigeration required), storage and separate men's and women's toilets. These premises are ideal for smaller catering or other commercial purposes.

Upper floor (OG):
The upper floor offers a lot of potential on approx. 199 m². It is currently used as WE01 (2 rooms with kitchen-living room and bathroom), an office, a utility room, a yoga room, a kitchenette and a vacation apartment with shower room, two bedrooms and the option to add a balcony. This floor has been largely renovated and offers flexible usage options - ideal for rentals or offices. A simple layout allows 4 residential units to be created (see floor plans)

Top floor/penthouse:
The entire roof construction, including external insulation, has been completed and already installed! The top floor can now be finished according to your own ideas. A penthouse with 4.5 rooms is planned, including a large living and dining room, an office area for a home office, a bedroom with walk-in closet, a spacious bathroom with bath and shower, a guest WC and a large kitchen. The 43 m² roof terrace offers a unique panoramic view over the village.

The fully equipped communal kitchen on the first floor can be taken over by the new owner and is ideal for communal cooking.

Highlights of the property:

- The unique exterior façade is a real eye-catcher and offers a unique charm
- Versatile use of the building as residential and commercial space possible in an attractive location
- Energy-efficient: photovoltaic system, triple-glazed windows
- Renovation progress: Extensive modernization completed, attic prepared for expansion (pipes are in place)
- 43m² roof terrace with panoramic view

The property is situated on a 576 m² plot, surrounded by roads and public parking areas. The garden area serves as a garage driveway and offers additional space for a small garden area.

Once completed, the property offers a potential of approx. 363 m² of living space + 144 m² of commercial space on the first floor plus cellar and roof terrace, which can be fully utilized. The total area for the residential and commercial building is 507m².

An energy certificate is currently being prepared.

Are you interested in this house?

Object Number
OM-315446
Object Class
house
Object Type
multi-family house
Is occupied
Vacant
Handover from
by arrangement

Purchase price & additional costs

purchase price
499.999 €
Purchase additional costs
approx. 38,960 €
Total costs
approx. 538,958 €

Breakdown of Costs

Purchase price 499.999 €
Real estate transfer tax 32,500 € (6.50%)
Notary costs 4,272 € (0.85%)
Land register entry 2,188 € (0.44%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 1,733€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.20%

Details

Condition
by agreement
Number of floors
3
Number of garages
1
Number of parking lots
2
Flooring
tiles, vinyl / PVC, other (see text)
Heating
central heating
Year of construction
1914
Equipment
basement, roof terrace, shower bath, fitted kitchen, guest toilet
Infrastructure
pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, comprehensive school, public transport

Information on equipment

Internet: Up to 100 MBit/s download and up to 40 MBit/s upload are currently possible (fiber optics will be available at the address from around June 2026).
Miscellaneous: The building is a former butcher's shop, which explains the layout of the first floor and would also make the property suitable for use today as a restaurant and guest house, assisted or communal living or similar.

Flooring:
-Vinyl
­
-floorboards
-tiles

Equip­ment:
-Yard
-cellar
-roof terrace
-built-in kitchen
-large, new, fully equipped kitchen on the ground floor, currently designed for communal cooking (with large cooking island with 4 cooking places plus 3 ovens and 2 dishwashers, it can be taken over completely by the buyer).
-Guest WCs
-shower rooms
-Already approved option to install an elevator
A PV system of 5.67 kWp and a storage system are available (with current use, the house is 90% self-sufficient in electricity costs).
-Plenty of potential and space for a heat pump and for a further PV system in the form of balcony elements on the roof terrace.
-There is a new chimney.
Triple-glazed windows
-Exhaust air system on the ground floor

Completed refurbishments, modernizations and renovations within the last 10 years:
2014 - Roofs, heating, solar system, electrics and water pipes for the entire building
2015 - Windows, interior insulation, exterior insulation for the entire building and some drywall work
2024 - The refurbishment of one residential unit and commercial space on the upper floor was fully completed
to date - ongoing further refurbishment work on the usable and living areas.

KG: Storage rooms and boiler room

Ground floor: 3 rooms; approx. 144m² total area; currently divided into: Event room, stage, office, kitchen, cold room (new refrigeration required), storage, men's toilet, ladies' toilet, all of which are connected by a large corridor.

First floor: 6.5 rooms; approx. 199m² total area; currently used or planned as: WE01 (2 rooms with kitchen-living room and bathroom), office, utility room, yoga room, kitchenette, boiler room and vacation apartment (shower room, two bedrooms and option to add a balcony).

Top floor: 4.5 rooms are planned; (still to be completed - dry construction work is next - see architect's plans) over 130m² living space and over 43m² roof terrace; planned are: a large living and dining room including an office area for home office, a bedroom with walk-in closet, a large bathroom with bath and shower, a guest WC and a large kitchen.

Garden and plot: The property is surrounded on all sides by roads and public parking areas and the property fills three quarters of the plot in terms of area, which means that all exterior walls are directly adjacent to roads. The remaining free quarter is planned as a garage driveway and a small courtyard with some decorative planting.

Location

The property is in an attractive location in Bad Frankenhausen, a spa town on the edge of the Kyffhäuser mountains. The town offers an excellent infrastructure as well as numerous leisure activities in the immediate vicinity.

Shopping facilities:
- 130 meters to "Laden Kunsterbunt" (store with local products)
- 450 meters to ALDI and Lidl
- 700 meters to Netto Marken-Discount
- 1 kilometer to NORMA
- 1.2 kilometers to REWE
- 1.5 kilometers to the REPO market
- 1.7 kilometers to Herkules-Markt (DIY and garden market, beverage market, electronics market and grocery store)

Gastronomy:
Within a radius of 500 meters there are over 15 different restaurants, 3 cafes, 4 bakeries, 2 butchers and snack bars covering a wide range of culinary offerings, from kebab, Asian, Greek, Italian to German cuisine.

Medical care:
- 180 meters to the nearest pharmacy
- 210 meters to the nearest dental practice
- 210 meters to the nearest general practice
- Numerous other dentists, specialists and general practitioners within a radius of 700 meters
- 550 meters to the nearest hospital

Leisure time:
- 210 meters to the Kyffhäuser Therme Bad Frankenhausen with Dead Sea salt grotto
- 350 meters to the Solewasser-Vitalpark (local outdoor pool)
- 1 kilometer to the Fitnesswelt Bad Frankenhausen
- The South-East and South-West Kyffhäuser nature reserves offer numerous hiking and cycling trails as well as sights such as the Panorama Museum and the Barbarossa Cave.
- Around 50 kilometers to Weimar (very interesting for art and culture lovers)
- Around 70 kilometers to Braunlage on the Wurmberg (the longest ski slope in Germany north of the Alps).
- Around 70 kilometers to the Thuringian Forest, which is ideal for short hiking vacations.

Transport connections:
- 500 meters to the local bus station with connections to the surrounding area
- 12 kilometers to the nearest freeway exit (A71)
- By car you can be in Leipzig in around 90 minutes, in Erfurt in around 45 minutes, in Kassel in around 2 hours, in Hanover in just over 2 hours and in Berlin in 2.5 hours.

Location Check

Einkaufen
Natur
Sport
Medizin
Restaurants
Mobilität
Kultur
Nachtleben

Energy

Main energy source
gas

Miscellaneous

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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