House for sale • 1722 m² without real estatePfaffendorfer Straße 26 Leipzig Zentrum Sachsen 04105

Below is the translation of the text marked with the XML tag into English:

The investment object is a listed residential and commercial building from around 1873 that has preserved the charm of its Gründerzeit character. The property comprises a total of 23 units – 7 residential units and 16 commercial units. The commercial units have flexible layouts that can be reconfigured for medical uses (practices, medical centers), office space, or services. This results in a balanced mix of uses with diversified rental income.

The building is in a well-maintained overall condition and has been continuously maintained over the years, so that no major maintenance backlogs are evident.

With a current occupancy rate of 83%, the property shows a solid economic utilization, while also offering potential for further revenue optimization by re-leasing the available areas.

Special Redevelopment Potential – Conversion of the Commercial Units:

There is considerable potential for value enhancement in converting the 16 commercial units into residential or vacation apartments. Given the highly attractive location directly opposite the Leipzig Zoo, using the units as vacation apartments appears particularly promising economically, as there is consistently high demand from city travelers and zoo visitors.

Alternatively, the units can be converted into traditional residential space – with the advantage that the Federal Ministry for Housing, Urban Development and Building’s funding program “Commercial to Residential” (GzW) can be utilized. Up to 30 percent of a maximum of 100,000 euros in eligible expenses per converted residential unit is subsidized as a direct grant – meaning up to 30,000 euros per residential unit that does not need to be repaid.

For the 16 commercial units, this results in a theoretical subsidy volume of up to 480,000 euros, although the total funding per company is generally capped at 300,000 euros (EU De minimis regulation). It should be noted that the funding is contingent upon the renovation meeting at least the energy standard “Efficiency House 85 Renewable Energies”; for listed buildings, the standard “EH Denkmal EE” applies, which in this case would be relevant.

The combination of historical building fabric, protected status, an established usage structure, and concrete repositioning potential makes the property a long-term capital investment with additional tax depreciation options under §§ 7i, 10f of the Income Tax Act (EStG) as well as attractive value-enhancement levers through the conversion of the commercial spaces.

Located at the heart of the Leipzig-Halle agglomeration, which has more than 1.1 million inhabitants, and within the Central German metropolitan region, lies Leipzig – an attractive location for business, science, education (including the university), and culture. Leipzig is the largest city in the Free State of Saxony with approximately 620,000 inhabitants, as well as the eighth largest and one of the fastest-growing and most dynamic cities in Germany.

Positive development trends have been shaping Leipzig’s urban development in recent years. The city has seized its opportunities and evolved into a vibrant and livable metropolis. The population is growing, especially in the inner-city districts. The long-standing construction boom has reached a new peak. Economically, Leipzig serves as a trade fair city and as a location for major industrial companies such as Siemens, Porsche, and BMW, as well as for innovative start-ups. In addition to Frankfurt am Main, Munich, and Stuttgart, Leipzig is also regarded as an important supra-regional banking and financial center.

Within this dynamic urban framework, the property is situated in the lively and diverse district of Zentrum-Nord – an established and highly sought-after residential and commercial quarter with distinct urban quality of life. Particularly noteworthy is the immediate proximity to the Leipzig Zoo, which is directly opposite the property. As one of the most species-rich zoos in Europe, with well over 1.5 million visitors annually, the zoo is a unique attraction of regional significance that makes the location highly attractive for both residents and commercial users, ensuring a consistently high footfall in the vicinity – a factor offering significant revenue potential especially for gastronomic ventures, retail, and tourist accommodations such as vacation apartments.

Furthermore, the location is characterized by a vibrant mix of living, working, and leisure, and it is one of the most desirable inner-city micro-locations in Leipzig. Within immediate walking distance, residents and commercial users will find a diverse range of shopping options, service providers, cafés, and restaurants, as well as numerous green areas – notably the adjacent Rosental and the Leipzig Auenwald – which contribute to local recreation. Schools and kindergartens in the immediate vicinity also make the location particularly attractive for families and underscore the high quality of life.

The excellent connection to public transport ensures rapid access to the Leipzig city center as well as the surrounding districts; the main train station, one of the largest terminal stations in Europe, is reachable within minutes. Overall, it is a residential and commercial location in high demand, with a stable tenant structure and positive location prospects.

The building was constructed in classic solid construction and features wooden beam ceilings that enhance the authentic character of the Gründerzeit period. The windows are equipped with double glazing, contributing to contemporary energy efficiency, and the property is heated via a district heating connection, ensuring both low-maintenance and future-proof operation.

The attic is fully developed and insulated, providing additional, high-quality usable living space. On the premises, the tenants have a total of 8 outdoor parking spaces as well as 4 garages available – a particularly valuable feature in this central location.

Overall, the property presents itself as a solidly equipped existing asset that combines the advantages of a listed historic building with functionally modern building technology.

Imprint (Private Individual):

Denis Berkovich – Karl-Ferlemann-Straße 21

04177 Leipzig

Contact:

Email: denis@berkovich.de

Note pursuant to § 34c GewO:

The sale is conducted as a one-time occasional mediation. No commercial real estate brokerage activity is being carried out; therefore, no permit pursuant to § 34c GewO is available or required for this individual transaction.