House for sale • 1153 m² without real estate, North Rhine-Westphalia

For sale is an extremely attractive, listed residential and commercial building in an absolutely prime location in Castrop-Rauxel – right on the historic marketplace and thus at one of the most visible and frequented sites in the downtown area.

The property impresses at first glance with its representative sandstone façade facing the marketplace and the distinctive slate-covered roof. The historic architecture gives the building a special aura and makes it a real eye-catcher in the cityscape. Combined with the central location, the existing ground floor use, and the already approved development concept, this represents a rare opportunity for investors, project developers, or current owners with an eye for exceptional properties.

On the ground floor, there is an established retail space that has been successfully operated at the location for many years. The tenant is deeply rooted in the property and intends to remain at the site long-term. This already provides a solid commercial use on the ground floor, while the floors above have been intentionally vacated to enable a comprehensive renovation and repositioning of the building.

For the upper floors, an approved plan is already in place. The existing concept calls for restructuring the current four residential units and expanding them to a total of seven residential units. In addition, the conversion of the former commercial unit on the first upper floor into three additional residential units is planned. After the approved plan is implemented, the building can thus feature a retail space on the ground floor as well as a total of ten residential units on the floors above.

Another essential component of the development concept is the planned installation of an elevator. According to the current planning status, this can be integrated relatively easily into the existing light well. This will significantly enhance the attractiveness of the upper floors and enable a contemporary, comfortable access to the residential units.

Thus, the property offers an extraordinary combination of historic building substance, a prominent downtown location, existing commercial use, and already approved residential development potential. In times when approved projects with a clear usage perspective and central location are becoming increasingly significant, this property presents a particularly interesting opportunity.

Through the planned reconfiguration of the upper floors, modern, in-demand apartments in a central location can be created. The combination of heritage character, marketplace location, elevator potential, and urban local amenities provides an attractive basis for sustainable rental prospects upon completion.

This property is particularly suitable for buyers seeking a characterful existing building with a clear development perspective and who want to seize the opportunity to reposition a landmark building in the central area of Castrop-Rauxel. The property is situated in an absolutely central downtown location right on the Castrop-Rauxel marketplace and thus at one of the city's most central and visible sites. The immediate surroundings are characterized by retail, gastronomy, services, and public institutions, offering an excellent urban infrastructure.

Thanks to its prominent location at the marketplace, the property benefits from high visibility, good foot traffic, and proximity to all daily amenities. The connection to public transportation as well as to the surrounding districts is also very good.

The combination of a historic marketplace location, central accessibility, and an urban environment makes the site particularly attractive both for the commercial use on the ground floor and for the planned apartments on the upper floors.