Commercial property with vacant office complex
Riemekestraße 160, 33106 Elsen, Nordrhein-Westfalen
Court notices and appraisals are published in German by the local court. Original wording is shown unchanged.
Appraised value
€5,000,000
Auction date
2 December 2026
13:00
Of which, per parcel
- Parcel 153€134,200
- Parcel 190€4,854,200
- Parcel 189€11,600
Amounts per parcel as stated in the appraisal. Whether the parts are auctioned separately or only together is set out in the official auction notice.
Appraised value
€5,000,000
Of which, per parcel
- Parcel 153€134,200
- Parcel 190€4,854,200
- Parcel 189€11,600
Amounts per parcel as stated in the appraisal. Whether the parts are auctioned separately or only together is set out in the official auction notice.
Minimum bid: below €2,500,000 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €3,500,000 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.
Auction date
2 December 2026 · 13:00
Local court
Auction venue
Amtsgericht Paderborn, Hauptgebäude, Am Bogen 2 - 4, 33098 Paderborn, Etage II, Sitzungssaal 218
Case number
0014 K 0013/2024
Next steps
Wednesday, 25 November 2026
- €500,000 (10% of the appraised market value)
- By bank transfer to the court cash office
- The court must have the money before the auction starts
Alternative: a crossed cheque or a bank guarantee at the hearing (§ 69 ZVG)
Wednesday, 2 December 2026
- 13:00
- Amtsgericht Paderborn in Nordrhein-Westfalen
approx. January 2027
The court sets the deadline, roughly 6 weeks after the award
Documents
Official court records, free to download.
Klaava Pro reads them for you: condition, defects, land register and valuation.
The ZVG portal only serves case pages inside its own site, so this route goes through Klaava.
The data comes from zvg-portal.de, the official portal of the German federal states.
Closing costs
Bid amount
State
Total investment
€3,755,500
€3,500,000 purchase price + €255,500 closing costs
10% of the appraised market value (§ 68 ZVG). You lodge it before the auction date. On award it counts towards your bid, otherwise you get it back. That is why it sits outside the total above.
No estate agent, no notarised purchase contract. Saving against a normal purchase approx. €177,450 (~5.1%)
Estimates. They create no legal claim.
Key facts
Property type
Commercial property with vacant office complex
Plot size
122,327 m²
Year built
1988
Occupancy
Owner-occupied
Town
33106 Elsen
Property description
Commercial property in the Almepark commercial area on the western edge of Paderborn's city centre, around 2.5 km west of downtown and with very good access to the motorway and public transport. The property unit comprises three plots totalling 122,327 m², built up with the former office complex Bürozentrum Almepark from 1988, consisting of building sections A and B each with four full storeys and a set-back storey in reinforced concrete skeleton construction, as well as extensive parking areas. The building has stood vacant for years, there are no lease agreements, and immediate use is not possible due to its structural condition.
The building complex is in a desolate condition with smashed glass panes, destroyed sanitary facilities, removed building services, vandalism damage, and moisture ingress through a leaking flat roof, so that no remaining economic useful life exists. The value is therefore derived predominantly from the land value after clearance, with considerable potential for new development of the large-scale commercial property.
Klaava Pro
What Pro adds for this property
- 7 findings from the appraisal, 6 of them rated severe
- 5 entries in section II, meaning encumbrances and restrictions
- More key facts: Remaining useful life and 3 more
- 10 more photos of this property
Official property description
The court’s wording
Laut Gutachten: Die Grundstücke sind teilweise grenzüberschreitend bebaut mit einem Bürokomplex, dem sogenannten "Bürozentrum Almepark", einschließlich Parkplatzflächen. Das Gebäude befindet sich nach jahrelangem Leerstand und als Folge von Vandalismus und Diebstahl in einem desolaten Zustand.
Die Bankverbindung bei einer Überweisung der Sicherheitsleistung lautet:
Zahlungsempfängerin: Zentrale Zahlstelle Justiz
Bankverbindung: Landesbank Hessen-Thüringen (Helaba)
BIC: WELADEDD, IBAN: DE08 3005 0000 0001 4748 16
Verwendungszweck: AG Paderborn 14 K 13/24 Sicherheit 02.12.2026 + Name des Bieters, sofern abweichend vom Kontoinhaber
English translation
According to the appraisal: The plots are partly built across boundaries with an office complex, the so-called "Bürozentrum Almepark", including parking areas. Following years of vacancy and as a result of vandalism and theft, the building is in a desolate condition.
The bank details for a transfer of the security deposit are:
Payee: Zentrale Zahlstelle Justiz
Bank details: Landesbank Hessen-Thüringen (Helaba)
BIC: WELADEDD, IBAN: DE08 3005 0000 0001 4748 16
Reference: AG Paderborn 14 K 13/24 Sicherheit 02.12.2026 + name of the bidder, if different from the account holder
Wording of the local court, taken from the official auction notice.
All information is given without warranty. The information shown was extracted automatically from official documents using AI and can be incomplete or wrong. Klaava accepts no liability for decisions made on the basis of this data. Only the official notices of the competent local court and the valuation report are authoritative.
What the surveyor's report says
Findings of the surveyor · 7 findings
- Interior fit-out (2)
- Facade
- Electrics
- Plumbing
- Heating
- Roof
Read out of the market value report written by the court-appointed surveyor.