House for sale • 103 m² without real estateHeidelberger Altstadt Heidelberg Rohrbach Baden-Württemberg 69117

Below is the English translation of the text:

For sale is an exceptional commercial property located in one of Heidelberg’s most desirable locations. The leased retail unit is situated in a listed building from 1885 and offers a usable area of approximately 103 m².

Between May and October 2024, the entire commercial space was comprehensively renovated with an investment volume of around €120,000. The aim of the renovation was to restore the original character of the listed Art Nouveau building. Historical elements were meticulously restored and preserved. A particular highlight is the originally preserved tiled stove in the sales area, which gives the property a distinctive character.

The spacious sales area impresses with its bright atmosphere and large shop windows. The space is complemented by a social area as well as an approximately 20 m² cellar that provides additional storage.

The property has been leased on a long-term basis since 01.11.2024. The existing lease initially runs until 31.10.2027 and automatically renews for an additional year each time, unless notice is given. The current tenant intends to continue operating at this location in the long term.

The current net cold rent is €1,650 per month, amounting to annual rental income of €19,800. Based on the purchase price of €450,000, this results in an initial gross yield of around 4.4% p.a. Thus, the property offers secured rental income from the outset and an attractive investment opportunity.

The commercial unit is located in the historic old town of Heidelberg – one of the most renowned and popular inner-city locations in Germany. The nearby main street is one of the longest pedestrian zones in Europe and forms the economic and tourist center of Heidelberg.

The excellent location benefits from a high footfall by locals, students, visitors, and international tourists. The area is characterized by an attractive mix of owner-operated specialty shops, retail stores, gastronomy, and cultural institutions.

The superb infrastructure and Heidelberg’s high reputation as a university and tourist city make this location particularly attractive and ensure a sustainably high demand for commercial spaces.

• Listed building (built in 1885)

• Complete renovation of the commercial unit in 2024

• Renovation investment volume: approx. €120,000

• Restoration to the original Art Nouveau style

• Originally preserved historic tiled stove in the sales area

• Approx. 103 m² of usable space

• Generous shop window frontage

• Bright and representative sales area

• Social area available

• Approx. 20 m² cellar storage

• Floor plan and energy certificate available

• All documents relating to the listed status available

The property is sold as a leased investment asset.

Purchase price: €450,000

Rental income:

• Net cold rent: €1,650 per month

• Annual net cold rent: €19,800

Lease details:

• Leased since 01.11.2024

• Fixed term until 31.10.2027

• Subsequent automatic renewal for one year at a time

• The current tenant wishes to continue operating at the location long term.

This commercial property combines the charm of a listed old town property with high-quality renovation and long-term secured rental income. It is particularly suitable for investors seeking a value-stable investment in one of Heidelberg’s most sought-after locations.