House for sale • 438 m² without real estateJohannes-Müller-Straße 2, , Rhineland-Palatinate

Historic Residential and Commercial Building in an Absolute Premium Location at the Marketplace of Ahrweiler

For sale is an extraordinary residential and commercial building in one of the most desirable and visible locations in the historic old town of Ahrweiler. Situated right at the marketplace, the property combines the special charm of a representative old town building with a modern, fully leased usage structure.

The distinctive half-timbered facade, the corner location with significant presence in the cityscape, as well as the walking distance to gastronomy, retail, a church, the town wall, and the Ahrweiler market make this property a unique investment opportunity. Such properties rarely come on the market in this location.

After the flood disaster in 2021, the building was comprehensively renovated both inside and out and now presents itself as a well-maintained, fully leased residential and commercial building with a total of six units: two commercial units on the ground floor and four apartments on the upper floors.

The current monthly net cold rent is €4,320.00, corresponding to an annual net cold rent of €51,840.00. Due to the combination of a central old town location, a finely segmented leasing structure, visible commercial areas, and attractive residential units, the property offers a rare mix of substance, quality location, and long-term rental viability.

The property is located at Johannes-Müller-Straße 2, placing it in one of the best locations in the historic old town of Ahrweiler – right at the marketplace.

Ahrweiler is one of the most sought-after areas in Bad Neuenahr-Ahrweiler and is characterized by its fully preserved town wall, historical city gates, half-timbered houses, gastronomy, retail, viticulture, and high tourist appeal. The location combines the vibrancy of an inner-city area, short distances, and an exceptionally attractive historic environment.

For the commercial units, the location offers excellent visibility, foot traffic, and versatile usage possibilities. For the apartments, the location means high living quality right in the heart of the old town, with cafés, restaurants, shopping options, services, and public facilities in the immediate vicinity.

At the same time, the vineyards, walking paths, and the landscape of the Ahr Valley are just a few steps away. The combination of a historic city center location, tourist attractiveness, and established infrastructure makes this location particularly interesting for both tenants and capital investors.

Furthermore, Bad Neuenahr-Ahrweiler offers excellent regional connections towards Bonn, Cologne, and Koblenz. This means the property is ideally suited as a long-term, value-retaining investment in a premium location that is in sustainable demand.

The residential and commercial building was completely renovated internally after the flood disaster of 2021 and is now in a fully leased condition.

The property comprises a total of six units with approximately 438 m² of residential/usable space. On the ground floor are two commercial units with a combined area of about 132 m². On the upper floors, there are four leased units with a total of approximately 306 m².

Features and Property Characteristics:

- Six fully leased units

- Two commercial units on the ground floor

- Four apartments on the upper floors

- Approximately 438 m² of residential/usable space

- 164 m² plot area (land value as of 01.01.2024 = €540/m²)

- Historic half-timbered facade (no heritage protection!)

- Rebuilt around 1948 (after war destruction)

- Interior, including all lines (gas, water, electricity), completely renovated after the flood disaster of 2021 (2022-2026)

- Gas-fired individual heaters

- Electric underfloor heating in the bathrooms of the apartments

- Plastic insulated double-glazed windows

- Central location right at the marketplace

The property combines the character of a historic old town building with a modern, finely segmented leased usage structure. It is precisely this combination that makes the property especially attractive for capital investors.

The sale is commission-free for the buyer.

- Purchase price: €949,000.00

- Monthly net cold rent: €4,320.00

- Annual net cold rent: €51,840.00

- Gross initial yield: approx. 5.46%

- Factor on the annual net cold rent: approx. 18.31

- Average net cold rent: approx. €9.86/m²

- Occupancy status: fully leased

The rental structure consists of two commercial units and four residential units. The income is thereby distributed among several tenancies, which makes the property particularly interesting for capital investors focused on risk diversification and sustainable rental viability.

Viewings are available strictly by prior appointment and with due regard to the existing tenancies. Further documentation, including the rental schedule, floor plans, energy certificate, and property documents, will be provided to qualified interested parties upon agreement.

All information is based on owner statements and available documentation. The area measurements are approximate. No liability is accepted for the accuracy or completeness of the information. Only the provisions of the notarial purchase agreement are binding.