House for sale 5+1 • 133 m² without real estateKirchstraße 8, , North Rhine-Westphalia

Residential and Commercial Building in a Central Location in Lohmar

Attractive Yield Property with Development Potential

In the heart of Lohmar, we are privately (without an agent) offering this well-maintained residential and commercial building for sale – a property that combines a classic downtown location with stable rental income and additional potential for value appreciation.

Property Data:

The building was constructed in 1952 and comprehensively renovated between 2015 and 2017. It is divided into two rented units:

Store on the ground floor: 43 m², currently rented as an office (tax consultancy) for €750 per month net rent

Maisonette apartment on the upper and attic floors: 90 m², currently rented (since 2017) for €790 per month net rent

Both units are leased on a long-term basis and together achieve a current gross annual return of €18,480.

Rental Increase Potential

A particular advantage for investors: The net rent of the 90 m² maisonette apartment is currently significantly below the local rental price index. Adjusting it to the customary local rental level reveals noticeable potential to increase the gross income – thereby providing additional room for the property’s value development beyond the current figures.

At a Glance:

Location: Center of Lohmar

Year Built / Renovation: 1952 / 2013-15

Usage: Residential and Commercial Building

Ground Floor Store: 43 m², rented, €750 per month net

Apartment on Upper/Attic Floor: (Maisonette) including a parking space, 90 m², rented, €789 per month net

Gross Annual Return: currently €18,468

Special Feature: Apartment rent below the local rental price index – potential for a rent adjustment

A property for investors who value a central location, a stable tenant structure, and genuine potential for value appreciation.

Sale directly from the owner – without an agent and therefore without any additional buyer commission.

Interested parties will be provided with further documents and an appointment for a viewing upon request.

The Location: Center of Lohmar

The central downtown location (across from a discount supermarket) ensures good visibility and high foot traffic for the store as well as high demand for the apartment – short distances to shops, restaurants, and daily needs are a given. This location forms the basis for permanently solid rentability of both units.

Comprehensive Renovation of the Apartment 2013–2015

Between 2013 and 2015, the building was comprehensively renovated with foresight – fully supported by architects, building permits, and final approval by the City of Lohmar, with extensive photo documentation of the construction measures available.

• New roof structure with modern thermal insulation and vapor barrier

• To expand the living area: two small gables on the street side as well as a dormer at the rear of the roof

• New shower room on the top floor

• New guest WC on the upper floor

• New electrical wiring throughout the apartment as well as a new electrical distribution board on the upper floor

• New layout on the first upper floor

• All walls newly plastered

This renovation provides contemporary living comfort while preserving the building’s character.

Renovation of the Store 2006

Back in 2006, the ground floor store was comprehensively modernized and converted into a separate rental unit clearly distinct from the apartment:

• New flooring

• New shop windows and a new entrance door

• New electrical wiring as well as a new distribution board with its own meter

• Modern adjustment of the layout

• New radiators

• Walls newly plastered

• Structural separation from the apartment to create an independent rental unit

Thanks to this early modernization, the store has had its own independent supply and disposal structures for almost twenty years and can be rented and invoiced separately from the apartment.

For the sake of transparency: The gas heating system in the basement is still working reliably, but it is aging – a replacement should be planned in the future. The existing energy certificate has expired and will be provided later.