Newly built house with maisonette and fully equipped restaurant in the center of Calbe

You will become the owner of a residential and commercial building in Calbe, partly newly built and partly completely renovated in 1991, with a restaurant on the first floor and a very nice maisonette apartment including a large roof terrace, fireplace, 3 bathrooms and a granny flat on the 1st/2nd floor.

The house consists of a partially basement and fully furnished restaurant on the first floor. The restaurant was previously used as a Greek restaurant and was last rented out at 695€ cold. All inventory in the restaurant, including kitchen appliances, furnishings and decoration, belongs to the owner and thus becomes the direct property of the buyer. The current value of the inventory is likely to be between €10,000 and €15,000 and can be included in the purchase contract to reduce the real estate transfer tax.

On the 1st and 2nd floors there is a 168 sqm maisonette with its own entrance, 6 rooms, 3 bathrooms, fireplace, large roof terrace and granny apartment. The apartment has been rented long-term to a family with three children since 2023 at a rent of €750 and has an above-average standard of furnishings for the local conditions. In addition, the rent payment is automatically increased by €300 p.a. on January 1 of each year, so that the rental agreement already has a built-in increase in rent and value for the buyer if the rental continues.

The house is in good condition and has undergone various investments in recent years. In addition to a new maisonette staircase, the tenants on the 1st & 2nd floors in particular have successively invested in the renovation of the apartment themselves. The gas central heating was newly installed in 2017.

The property is in good condition and is therefore an ideal investment. The price has been chosen favorably and offers a buyer excellent opportunities to generate a good cash flow from the property. If the restaurant were to be re-let under the current conditions
a gross yield of 10.35% would be possible.

As there is no pressure to sell on my part, there is little room for negotiation. You will receive a good quality house in good condition at a very attractive price.

The residential and commercial building is located at Wilhelm-Loewe-Straße 28 in a central location in Calbe. Wilhelm-Loewe-Strasse is a good location for a restaurant with plenty of footfall and various stores. All facilities for daily needs can be reached in the immediate vicinity. There is also a permanent free parking lot 100m away.

The central micro-location within the city can be described as above-average and thus ensures good long-term rental prospects in the macro-location in the Magdeburg area (the state capital can be reached via the A14 in around 25 minutes).