Commercial property 1 612 m² in Hesse, Germany

Germany Hesse, Bad Wildungen Commercial facility in the city center Commercial building in the very center of the resort town of Bad Wildungen, very famous for its thermal springs, clinics, spa centers. The population of the city is 20 thousand people, the cities are located nearby: Kassel, Marburg, Korbach. Land area: 1 328m2 Year of construction: 1982-1999 Completed repair work: 1992 - restoration of the facade, 1999 - superstructure of the additional floor. Building condition: excellent heating type: gas number of parking spaces: 14 Building area: 1 612m2, 3 floor. All premises are fully leased for a long term with options for extending lease agreements. Tenants are very solid: Deutsche Bank, the central office of the regional newspaper, bookstore, doctors. Income from rental in the year: 204,446.76 € It is possible to obtain a loan in the amount of 1 600,000 € at 2.8% per annum. Subject to the loan, the return on equity will be 9% per year. Price: 2 657 807 €