House for sale • 1 m² without real estateObere Stadt 14, , Bavaria

For sale is a renovated mixed-use residential and commercial building featuring 328.90 m² of commercial space, built in 1570 and located in the central area of Kulmbach. The property is suitable for investors seeking capital assets, owner-occupiers with additional rental potential, or buyers who wish to combine living and commercial use at one location.

Legally, the building is divided into a commercial unit on the ground floor and three residential units on the upper floors. The three residential units are currently not rented out separately but are leased together by the commercial tenant on the ground floor and are used as a single unit. The current use can be continued. Due to the legal division, it is also possible later on to rent out the units separately.

The building was purchased in 2016 and subsequently completely gutted and renovated. The work was completed in 2018. In the course of the renovation, the building was renewed down to the building structure, with new pipes and wiring installed throughout. The existing restroom areas are tiled. The technical and structural preparations provide an excellent foundation for continued use, including the potential for additional residential use.

The property is heated by a gas central heating system. Due to the building’s age and its protected status as a historical monument, the building’s historic character is preserved, while essential areas have already been modernized.

The three residential units together offer approximately 329 m² of living space. The commercial area amounts to approximately 142 m². The attic is currently undeveloped and offers additional development potential. The plot measures approximately 277 m². Behind the building, there are several parking spaces.

Kulmbach, as a large district town, is an important residential, working, and supply location in Upper Franconia. The city is particularly known for its historic old town, Plassenburg, and its well-established commercial and gastronomic structure.

The property is situated in a very central inner-city location with short distances to everyday amenities. Shopping opportunities, restaurants, pharmacies, doctors, schools, and other educational services are available in the immediate vicinity and are mostly within walking distance. Leisure and recreational areas are also in close proximity, making the location suitable for both residential living and commercial use on the ground floor.

Public transportation connections are excellent. A bus stop is located very nearby, and the Kulmbach train station is only about 650 m away, offering connections to regional rail services. This means that the location is easily accessible even without a car, which is convenient for tenants, customers, or employees. Additionally, the local road network provides good access to the surrounding federal highways and the motorway. The nearest motorway on-ramp is about 7.5 km away. Well-known cities in the area include Bayreuth, approximately 25 km away; Hof, about 50 km; Bamberg, around 65 km; and Coburg, roughly 70 km away. Nuremberg is accessible in about 95 km depending on the route. Thus, the location combines a central urban supply with good regional accessibility.

Key Features:

- Residential and commercial building built in 1570

- Listed historical building

- Complete core renovation after purchase in 2016

- Core renovation completed in 2018

- A commercial unit on the ground floor

- Three residential units on the upper floors (including one maisonette unit spanning the 1st and 2nd floors)

- Gas central heating system

- Flexible usage options through separate residential and commercial units (legal division: one commercial unit and three residential units)

- The three residential units are currently leased as part of the commercial tenant’s rental (current use by a primary tenant, while the legal residential status of the upper units remains in effect)