Gründerzeit Residential & Commercial Ensemble

A representative Gründerzeit ensemble in one of Berlin’s most prestigious central locations, a few minutes’ walk from Checkpoint Charlie and Friedrichstraße. Built around 1900, the property combines a primarily residential front building with commercially let loft and studio spaces in the side wing and rear building — approximately 3,119 sqm in total across nine residential units, nine commercial units and twelve parking spaces.

Location

The property sits in the central borough of Mitte, in the immediate vicinity of Checkpoint Charlie and Friedrichstraße — the principal axis between Gendarmenmarkt and Hallesches Tor. Excellent public transport (U-Bahn, S-Bahn, bus) and direct access to the city’s main arterial roads. The surroundings combine high-quality residential use, international tourism, and office and retail addresses — a micro-location with sustained demand and above-average value stability.

The buildings

The front building offers classic Altbau apartments with original floorboards, ceiling heights up to 3.75 m and generous window fronts across several storeys. The side wing and rear building are commercially let: loft-like spaces with exposed-brick vaulted ceilings (Kappendecken), large industrial windows and room heights up to 4.65 m in the top-floor loft — sought after for office, studio, gastronomy and creative use. The gas central heating in this part of the ensemble has been renewed.

Value-add potential

Beyond the stable in-place letting, several paths to value exist: physical and legal separation (Realteilung) of the front and rear buildings; the condominium subdivision already in preparation, with unit sales realistic at 6,000–6,500 €/sqm; re-letting of the currently vacant and temporarily let units at market terms; and optimisation of the courtyard parking.

Discretion

The sale is structured as a discreet share deal — the acquisition of the shares in the property-holding company — with no property transfer tax arising for the buyer. Corporate documents, the tenant schedule and details of the assumable UniCredit financing are made available to qualified buyers in a digital data room after signing an NDA. Request the exposé for the full details, including the complete rent roll.