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

This property is an estate with a history. The former "Waldrestaurant" (Forest Restaurant) boasted a number of unique features at the time it was built. To the older residents of Rostock, it is known as "Zum Schuster." In total, there are seven apartments spread over three floors, and a commercial unit—which has been rented to the same tenant for over 20 years—sits in the property’s own parking lot. All garages and available advertising spaces have been leased. The rental income potential can certainly be expanded further.

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 from Rostock to the A20 autobahn, into the northwestern new development areas and, beyond them, to Warnemünde, as well as to the western surroundings of Rostock. This property benefits from a well-developed environment and its infrastructure. In the immediate vicinity, there is a gas station, a LIDL market, and several buildings of the University of Rostock. Also nearby are the Barnstorfer Forest, the Rostock Zoo, and the Rostock Animal Clinic. Klinikum Süd and the University Hospital, which covers nearly all specialties, are also within walking distance.

All rental units are permanently leased. There have never been vacancies due to a lack of prospective tenants—only in cases of renovations during new rentals has a unit occasionally been vacant for about a month. The property has been managed by the owner, and there have never been—and still are not—any legal disputes with tenants or neighbors.

The property will be transferred free of encumbrances. Existing liabilities will be deducted from the purchase price. Viewings can be arranged with me. The property is now available for sale solely due to the owner's age. Additional documents such as floor plans, photos, and rental information are, of course, available but will not be published here. They will be disclosed personally to any prospective buyer.