Pariser Str

Wilmersdorf, Berlin, Germany

Status	Available
Price From	203,500  EUR

 

About the Development

COMMERCIAL UNIT 7.2% YIELD - WILMERSDORF

This commercial unit currently trades as a furniture store for high quality Danish furniture. The ground floor unit includes a showroom (89m²) and a storeroom (145m²) giving a total floor area of 234m².

City: Berlin
Area: Wilmersdorf
Street: Pariser Str.
Tenanted: yes
Yield: 7.2 %
Baths: 1
Type: Commercial
Size: 234 m²
Price from: 203,500 €

The property has been tenanted since 2003 and has a net rental income of 14,576 Euros per year which equates to a very attractive net yield of 7.2%.

The unit is located in a beautiful, upmarket street in Wilmersdorf. The street includes many art, antique and fashion outlets as well as cafes and restaurants. The area is a well established and desirable residential area of central Berlin. The property dates back to 1890 and is a wonderful example of a renovated, five storey, period house. The unit is very close to the central shopping areas of Berlin and has excellent public transport options.