House for sale • 913 m² without real estateSatower Straße 163 Rostock Südstadt Mecklenburg-Vorpommern 18059

Here is the English translation of the text:

This property is an estate with history. The former "Forest Restaurant" boasted a number of unique features at the time it was built. Older residents of Rostock know it as "Zum Schuster." In total, there are 7 apartments distributed over three floors, plus a commercial unit that has been leased to the same tenant for more than 20 years, located at the property’s own parking lot. All garages and available advertising spaces have been leased. The rental income potential can certainly be further increased.

Almost everyone in Rostock is familiar with this property. It is located on the northwestern outskirts of the Hanseatic city. Satower Straße is one of the most heavily trafficked streets in Rostock. It leads out of Rostock to the A 20, connecting the northwestern new development areas and, in their continuation, Warnemünde, as well as the western surroundings of the Hanseatic city of Rostock. This property benefits from a well-developed environment and its infrastructure. In the immediate vicinity there is a gas station, a LIDL supermarket, as well as numerous buildings of the University of Rostock. Also nearby are the Barnstorfer Forest, the Rostock Zoo, and Rostock’s Animal Clinic. The Klinikum Süd and the University Clinic with nearly all departments are also within walking distance if needed.

All rental units are continuously leased. There have never been vacancies due to a lack of prospective tenants; only occasionally, a rental unit might be unoccupied for a month during renovations prior to re-leasing. The property has been managed by the owner. There have never been, and still are none, any legal disputes with tenants or neighbors that require court resolution.

The property will be delivered free of encumbrances. Existing encumbrances will be deducted from the purchase price. Viewings can be arranged with me. The property is being sold solely for reasons related to the owner's age. Further documents such as floor plans, photos, and rental documents are, of course, available but are not published here. These will be disclosed personally to any prospective buyer.