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This residential and commercial building is located in the center of Penzberg and has a plot area of approx. 2,743 square meters.It is currently developed with two building complexes - directly on the Penzberg town square. In addition to three residential units, there are three catering units (one with staff room and office), two retail units and a dance school in the properties. The annual rental income amounts to a total of approx. 191,000 euros net.The location of the property is an absolute highlight: Situated directly on the town square, it offers all the advantages of a lively small town, including excellent accessibility to educational and cultural facilities as well as numerous shopping opportunities. The train station is also just a five-minute walk away.According to the Penzberg town council's meeting book dated September 27, 2022, a new development plan is being prepared for the area.Due to the current building plans of the owners of the former Hotel Olympia, now K33, to add two full storeys to the building at the main intersection, it has become necessary to draw up a development plan "Innenstadt III B" for the Bahnhof-/Karl-/Philipp-/Friedrich-Ebert-Straße quarter. As the development plan requires reorganization, particularly along Bahnhofstrasse and the adjacent area, a gradual revision of the inner city area has already been initiated.The character of the area is currently a mixed-use area. However, the future character of the area is still open in the city of Penzberg's zoning decision. As a result of a possible restructuring, a change from a mixed-use area to a core or urban area is conceivable and thus a higher GFZ would also be assumed: according to the orientation values according to Section 17 BauNVO for building areas for urban areas (MU) and core areas (MK) with a GFZ of 3.0. However, this has only been an orientation value since June 2021. The municipalities may also set different or higher values for determining the dimensions of the building use, taking into account the existing situation.According to a renowned local architectural firm, a floor area of 6,200 to 6,500 square meters is conceivable, plus areas for attics if necessary.* If you have any further questions or would like to arrange a viewing, please do not hesitate to contact us at any time.