Close to the Simon-Dach-Strasse, this commercial unit is situated in the heart of Berlin?s up and coming Friedrichhain district. Completely refurbished in 1996, the shop has modern heating, windows with shutters, tiled floor and walls, and separate bathrooms for women and men. The shop is currently rented to an ice cafe with a contract until 2008 and extension for another three years possible. At the moment the tenant is renovating the interior.
Similar to the bordering districts Prenzlauer Berg and Kreuzberg Friedrichshain has very few classical attractions but is brimming with urban culture. Around Simon-Dach-Strasse in particular a dynamic area loaded with pubs, lounge bars and restaurants has sprung up practically overnight. No visit to Berlin is complete without a stop at the East Side Gallery. At 1.3km it is the longest stretch of the Berlin Wall still standing today. Located near the metro station Frankfurter Tor, the city train station Warschauer Strasse and plenty of bus stations, you can quickly connect to any place in Berlin with the capital?s main sights and institutions just a stone thrown within.
Reservation is possible with a low deposit of 5% fully refundable. This discounted property is offered below actual prevailed market value. Forecasted to become the hottest real estate market in Europe, Germany and especially its capital Berlin comprise a unique investment opportunity. Berlin boasts huge potential compared to other major cities around the world.
NIEDERBARNIMER
Germany, Berlin, Friedrichshain
Commercial 70m? to 70m? ?176,000 to ?176,000
Classic - Buy to Let
EXPECTED RENTAL INCOME UP TO: 6.05%
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