House for sale 7+1 • 160 m² without real estateBriloner Straße 17, , North Rhine-Westphalia

This residential and commercial building in Warburg-Scherfede offers an interesting combination of two residential units, one separate commercial unit, and additional rental potential. The building was constructed in 1959, is fully basemented, and is particularly suitable for investors seeking a manageable property with mixed use.

The first residential unit is located on the upper floor and features approximately 67.65 m² of living space. This unit is supplemented by an approximately 8 m² conservatory-like area. The second residential unit spans the first and second attic floors and offers about 91.46 m² of living space. Both apartments are accessible via an internal staircase.

The commercial unit, currently used as a driving school, covers about 50 m² and has its own separate entrance. This arrangement ensures that the residential and commercial uses are structurally clearly separated. In addition, on the ground floor there is a small bathroom and an approximately 10 m² room, which is accessible from the staircase and was previously occasionally rented out as a technician’s room.

With full occupancy of all units and areas, based on current rents as well as the last flat rate achieved for the additional room, a total monthly net cold rent of approximately €1,320.00 is realized. Furthermore, the property has a certificate of separability available, which opens up possibilities not only for traditional renting but also for later subdivision or individual further development.

To protect the tenants’ privacy, interested parties can be provided with a digital 360-degree tour. This is intended to reduce viewings of the rented residential areas to a necessary minimum. The private furnishing and decor of the rooms are not, or only partially, visible in the footage due to privacy reasons.

The property is located in Warburg-Scherfede, an established district of the Hanseatic town of Warburg. Its location combines a solid local infrastructure with good regional accessibility, making it suitable both for residential tenants and for small-scale commercial use.

Scherfede boasts an exceptionally good infrastructure for a district. There are various shopping options, medical facilities including a medical center, physiotherapy services, dining options, several hotels, as well as a daycare center and an elementary school on site. Thus, important everyday facilities are available directly within the area. In addition, Scherfede benefits from its proximity to the core town of Warburg, where further shopping opportunities, schools, doctors, gastronomy, public facilities, and additional service offerings are available. The Warburg-Scherfede train station also enhances the location quality and makes the area attractive for tenants with regional ties.

A major advantage is the excellent transport connections. In Scherfede, several important federal highways converge, including the B 7, B 68, and B 252. Additionally, the A 44 provides good supra-regional connections towards Kassel and Dortmund. Paderborn, Marsberg, Diemelstadt, and the surrounding economic centers are also easily reachable from Scherfede.

The combination of residential location in the district, separate commercial use, good infrastructure, and regional accessibility makes the site versatile in its usage. This appeals both to private residential tenants and to small-scale commercial users.

The building features a clear and functional layout with two residential units, one separate commercial unit, and additional ancillary spaces. The commercial unit on the ground floor is currently used as a driving school and is accessed via its own entrance. This ensures that the commercial use remains structurally and organizationally separate from the apartments.

The two residential units are accessible via the internal staircase. From there, access is also provided to the additional room on the ground floor, the small bathroom, and the entrance to the basement. In the basement, there is the boiler room, three tenant storage areas, and a communal laundry room.

In 1983, the building underwent extensive changes in the attic area: the roof structure was newly constructed and the corresponding floor was simultaneously added or newly created. The heating is provided by a Viessmann gas condensing boiler, which was installed in 2011. On the street side, some of the windows in the living areas have been replaced by modern, double-glazed windows.

The property features a solid basic structure and offers versatile usage possibilities due to its existing layout. The equipment is partly dated, which gives new owners the opportunity to further develop the building according to their own visions.

The current monthly cold rents amount to €430.00 for the larger attic apartment, €310.00 for the smaller residential unit, and €220.00 for the commercial unit. The residential rents were last adjusted on 01.07.2024. The additional room on the ground floor was last rented out in 2019 for a commercial net monthly flat rate of €360.00.

Overall, the property offers existing income, a separate commercial space, practical ancillary areas, and additional rental potential while maintaining manageable exterior maintenance.

A digital 360-degree tour can be provided to interested parties to give them an initial impression of the property in advance. Out of consideration for the tenants’ privacy, the furnishings of the residential areas are not or only partially visible in the footage.

Viewings of the rented residential areas should be limited to serious potential buyers and conducted after prior arrangement. Further property documents, such as rent schedules, energy certificate, and available construction documents, can be provided upon further interest.

For investors, the property also offers interesting development opportunities. Due to the current energy status, a comprehensive renovation under the KfW Program 261 could be particularly worthwhile, especially with a view toward a possible classification as a Worst Performing Building. Additionally, the currently commercially used unit on the ground floor could prospectively offer potential for conversion into residential space. Here, the KfW Program 266 "Commercial to Residential" could represent an interesting funding option, provided that the respective technical, legal, and funding-related requirements are met.