$754,557

An impressive residential and commercial building is for sale in the historic old town of Lemgo. The main building was erected in 1547 and is characterized by its characteristic listed façade, which retains the charm of past centuries. A modern extension from 1980 complements the property, which thus represents a perfect symbiosis of tradition and modernity.The property has two stores with a floor area of 45 m² and 55 m², both of which have been let for many years and offer stable rental income. There are also five residential units, four of which are currently let. One apartment is currently being renovated and will soon be available again.The total living space of the property is approx. 390 m², and the rental income amounts to around €41,000 per year, taking into account the apartment that will soon be available for rent again.Another highlight of the property is the associated hall with 8 parking spaces as well as an additional outdoor parking space, which is a rare and valuable addition for a city center location.The residential and commercial building is mainly heated by district heating. One apartment and the two stores have their own gas heating.The location of the property could hardly be better. In the heart of Lemgo's historic old town, just a 2-minute walk from the market square, this property offers perfect connections to city life. The charming alleyways and historic buildings in the surrounding area create an exceptional residential and commercial atmosphere.This property represents a unique opportunity to invest in a historically significant and economically attractive property. For further information or to arrange a viewing appointment, please do not hesitate to contact us.

Amenities

• Bedrooms: 9
• Full Bathrooms: 5
• Partial Bathrooms: 0
• Property Type: Other
• Home size: 4,197 ft² / 389.91 m²
• MLS: 24292019
• Web ID: BPRSHA
• Status: Available