Store + renovated 2 room apartment + 2 parking spaces in Speyer-Vogelgesang

Attractive capital investment in Speyer-Vogelgesang: Modernized store & renovated 2-room apartment

Sale from May 2025

Property description:
This first-class property in a sought-after location in Speyer-Vogelgesang offers an ideal opportunity for investors. The property consists of a modernized commercial unit (76 m²) and a comprehensively refurbished 2-room apartment (61 m²), both of which are let on long-term leases. The offer is complemented by two rented underground parking spaces.

The property is in a well-kept condition and offers excellent investment potential thanks to its central location, high-quality fittings and stable rental income.

Highlights of the property:

Commercial unit (76 m²):
- Currently let to an established hairdressing salon.
- Barrier-free access with large shop window front.
- Air conditioning and high-quality furnishings.
- Refurbished in 2016 and modernized in 2022.

Apartment (61 m²):
- 2-room apartment in the basement.
- Reliably rented since 2019.
- Extensively renovated (new floors, windows, electrics, bathroom).

Further advantages:
- Two permanently rented underground parking spaces.
- Central heating with district heating.
- Energy certificate available.

Income and potential:

- Current annual rent: EUR 18,000.
- Development potential for future rent adjustments.

Location:
The­ property is located in Speyer-Vogelgesang, a popular residential and commercial area with excellent infrastructure. The central location and optimal transport connections make the property attractive for both tenants and businesses.

Estimate of the market value:
Based on the current income and the excellent condition, the value of the property including the rented underground parking spaces is estimated at EUR 400,000 - 440,000.

Contact us for more information and a viewing!

Take advantage of this opportunity and invest in a high-yield property in a sought-after location. We look forward to your inquiry!

Speyer- South, preferred, well-frequented location, more than 2000 years of commitment. The city of Speyer has succeeded in preserving the unmistakable identity of the cathedral and imperial city and its cultural heritage. Today, cosmopolitanism and hustle and bustle characterize the image of the cathedral city, a medium-sized center in the Rhine-Neckar triangle with around 50,000 inhabitants. For some, it is the atmospheric old town or the imposing cultural monuments, for others the quality of life in Speyer, strolling through the weekly market and the shopping mile in Maximilianstrasse. The high recreational value results from the cultural diversity, the creative vitality of the artists working in Speyer and from an active club life. There are 70 sports clubs for professional and amateur athletes to choose from. Speyer also enjoys a national reputation as a school and education center in the Palatinate, which is the result of a wide range of educational opportunities. It ranges from general education to secondary and vocational schools. In addition, the cathedral city is home to an educational institution with a worldwide reputation, namely the German University of Administrative Sciences Speyer, the only post-university training center for the entire higher administrative service in the Federal Republic of Germany. Art and culture have always played a special role in Speyer. Outstanding artistic achievements always find an open-minded audience here. The permanent exhibitions in their respective birthplaces are dedicated to the oeuvre of two of the city's most important sons: Anselm Feuerbach (1829 - 1880) and Hans Purrmann (1880 - 1966), to whom a nationally recognized Speyer City Prize for Fine Arts is also dedicated.