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

For sale is an exceptional commercial property located in one of Heidelberg’s most sought-after areas. The leased retail unit is situated in a listed building dating back to 1885 and offers approximately 103 m² of usable space.

Between May and October 2024, the entire commercial area underwent a comprehensive refurbishment 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. Historic elements were painstakingly restored and preserved. A particular highlight is the original tiled stove, maintained in its authentic state in the sales area, which lends the property a unique character.

The spacious sales area impresses with its bright ambiance and large display windows. In addition, the area features a social room as well as a cellar of approximately 20 m², providing extra storage space.

The property has been leased on a long-term basis since November 1, 2024. The current lease agreement runs initially until October 31, 2027, and then automatically extends by one year at a time, unless terminated. The current tenant intends to continue operating at the location over the long term.

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

The commercial unit is located in Heidelberg’s historic old town – one of Germany’s best-known and most popular inner-city areas. 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 high foot traffic from locals, students, visitors, and international tourists. The surroundings are characterized by an attractive mix of owner-operated specialty shops, retail, gastronomy, and cultural institutions.

The excellent infrastructure, along with Heidelberg’s renown as a university and tourist city, makes this location particularly appealing and ensures a sustainably high demand for commercial spaces.

• Listed building (built in 1885)

• Complete refurbishment 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

• Approximately 103 m² of usable space

• Spacious display windows

• Bright and representative sales area

• Social room available

• Approximately 20 m² cellar storage

• Floor plan and energy certificate available

• All documents related to heritage protection in order

The property is being sold as a leased capital investment.

Purchase price: €450,000

Rental Income:

• Net cold rent: €1,650 per month

• Annual net cold rent: €19,800

Lease Agreement:

• Leased since November 1, 2024

• Fixed term until October 31, 2027

• Subsequently, automatic renewal for one year at a time

• The current tenant intends to continue operations at the location over the long term

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