Residential and commercial building: 55 residential and 3 commercial units with interesting potential in a good location

This property, which we are offering for sale exclusively, is a mixed-use residential and commercial building that impresses with both its micro- and macro-location. The building is situated in a highly sought-after, central location in Schwabing, close to Hohenzollernplatz, and offers easy access to the Kunstareal with its Pinakotheken, various LMU institutes, Munich University of Applied Sciences, galleries and concept stores, as well as the Elisabethmarkt and Münchner Freiheit.

Built in 1955, this seven-storey building impresses with its clean, period-typical architecture and solid construction. It features a lift, which provides convenient access to the upper floors. In total, the building comprises 55 residential units ranging from approximately 24 to 55 m², as well as three commercial units with floor areas ranging from approximately 56 m² to 172 m²; the total lettable area is approximately 2,255 m². Four residential units are currently vacant. In addition, one of the three commercial units is vacant.

The fittings and fixtures of the flats vary. Some units have been renovated or modernised over the past 20 years, whilst others remain in a more original condition. The lift system was modernised in February 2024 through a partial refurbishment of the control system and electronics. The roof was last refurbished in 2009, and the windows, including thermal insulation, were also refurbished in 2009. The building is not divided into units within the meaning of the German Condominium Act (WEG).