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HISTORICAL FILM THEATER OF PRENZLAU

17291 Prenzlau – Brandenburg
1.400.000 €
2,289 m²
Property
apartment building or investment property
commercial building

The historic movie theater, located at Friedrichstraße 21 in 17291 Prenzlau, is a unique property in a central location in the pedestrian zone. The building, a cultural monument, was built in 1957 and was last completely renovated in 1998. It comprises a plot area of 2,289 m² and a total rental area of around 2,267 m².

This property is characterized by a high occupancy rate of approx. 98% and offers a diverse tenant mix of cinema, retail, gastronomy, arcade and office space. The cinema takes up around 43% of the total space. The retail sector, represented by the anchor tenant "TEDi" with its strong credit rating, occupies around 39% of the total space. The remaining space is divided between the amusement arcade, restaurants and offices, although the office is currently vacant.

This historic movie theater offers an excellent capital investment with long-term rental agreements in a prime location in Prenzlau. The property is being offered as a fully owned property and there are no existing encumbrances or building charges. An energy certificate is available and the heat supply is provided by district heating.

Are you interested in this offer?

Object Number
OM-331530
Object Class
apartment building or investment property
Object Type
commercial building

Purchase price & additional costs

purchase price
1.400.000 €
Purchase additional costs
approx. 107,772 €
Total costs
approx. 1,507,772 €
Price per m²
618.00 €

Details

Condition
well-kept
Monument protection object
Yes
Number of floors
2
Commercial area
2267 m²
Total area
2267 m²
Net rental income (actual) p.a.
144307 €
X-times rental income
9.70
Number of units
5
Heating
central heating
Year of construction
1957

Information on equipment

The building is a solid plaster construction that was completely renovated at the turn of the millennium and combines modern amenities with historical charm. During the comprehensive core renovation in 1998, the roof was re-roofed and the exterior façade renewed, so that this listed building now shines in new splendor.

The interior was completely gutted, followed by a sophisticated interior fit-out, which included the construction of a new false ceiling. The cinema on the upper floor was redesigned on this basis. The remaining areas on the first floor offer an attractive mix of retail, gastronomy, arcade and office space.

Location

The Union Filmtheater is situated in an outstanding retail location - in the middle of Prenzlau's lively pedestrian zone. Surrounded by numerous stores, cafés and restaurants, the cinema benefits from an excellent location that attracts visitors from all over the area. The strong presence of surrounding retailers creates an attractive mix that makes the Union Filmtheater a magnet for residents and tourists alike.

There are other cultural highlights in the immediate vicinity, such as St. Mary's Church and the Museum of Cultural History, which further enhance the location. Public transport is easily accessible, as are numerous parking facilities, making a visit convenient.

The lively atmosphere of the pedestrian zone, combined with the wide range of shopping and dining options, makes the Union Filmtheater a central meeting point in the heart of Prenzlau and a perfect place for leisure activities and urban togetherness.

Prenzlau is a historic town in Brandenburg and is known as the gateway to the Uckermark, one of the most beautiful and unspoilt regions in Germany. The town is located about 100 km north-northeast of Berlin and is well connected by the A20 and A11 highways and the B109 and B198 federal highways. Prenzlau lies on the shores of Unteruckersee, one of the largest lakes in Brandenburg, and offers an idyllic combination of water, forest and historical sights, including the impressive St. Mary's Church.

The picturesque landscape of the region, the extensive nature reserves and the numerous hiking and cycling trails make the town a popular destination for nature lovers and tourists, especially in summer. Thanks to its proximity to the major cities of Berlin and Szczecin, the city is easily accessible and is increasingly being discovered as an international insider tip for vacationers who want to enjoy rural Germany.

Location Check

Sport
Mobilität
Medizin
Einkaufen

Energy

Energy certificate type
consumption certificate
Main energy source
district heating
Final energy consumption electricity
149.00 kWh/(m²a)
Final energy consumption heat
149.00 kWh/(m²a)

Miscellaneous

If you are interested in the full exposé of this exclusive property, please send us your personal information, contact details and potential purchase interest. After we have checked your application through our internal approval process for interested parties, we will contact you proactively.

Yours sincerely,

REBONA GmbH

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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Offer from: REBONA GmbH

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