
House for sale • 889 m² without real estateKölner Str. 25-27, , North Rhine-Westphalia
Kölner Str. 25-27, , North Rhine-WestphaliaPublic transport less than a minute of walkingFor sale on a negotiable basis is a high-yield property in need of renovation, centrally located in Kierspe.
The ground floor is leased long-term to the only arcade in town – a unique feature that delivers stable cash flow.
With around 20,000 inhabitants, Kierspe is a well-developed area with high demand, yet without direct competition for the current commercial tenant.
The property is situated in a central location on Kölner Straße, one of Kierspe’s main thoroughfares.
The location offers excellent visibility and benefits from good foot and traffic flow from local residents and passers-by.
All daily necessities as well as bus connections are within immediate reach.
The initial yield of 10% corresponds to the purchase price INCLUDING all ancillary costs!
The financially strong tenant of the retail space has been in the market for over 20 years and operates more than 25 branches.
The commercial lease still has a non-cancellable fixed term of 9 years, plus two 5-year extension options. This option can be exercised by the tenant one year prior to the expiration of the fixed term.
All apartments are rented at favorable rates, thereby ensuring sustainable occupancy without vacancies.
Additionally, two to three residential units are leased to the city of Kierspe.
Special Features:
• The only arcade in town – no competition
• Centrally located in a highly visible, bustling street
• Stable rental income from an established commercial operation
• Attractive potential through the renovation of the upper floors
• Ideal for visionary investors – immediate yield plus long-term value appreciation
Conclusion:
A rare opportunity for investors who prioritize a high initial yield and long-term perspective.
The uniqueness of the commercial tenant combined with the potential for value appreciation through renovation makes this property a particularly attractive investment.
Don’t hesitate before this lucrative investment option is sold commission-free to someone else!
Property characteristics
| Age | Over 5050 years |
|---|---|
| Condition | Before reconstruction |
| Usable area | 889 m² |
| Total floors | 2 |
| Available from | 02/11/2025 |
|---|---|
| Listing ID | 957241 |
| Land space | 1,634 m² |
| Price per unit | €765 / m2 |
What does this listing have to offer?
| MHD 0 minutes on foot |
What you will find nearby
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