Mixed-use building with commercial unit

Multi-family house (former residential and commercial building) in a middle district location of Köthen (Anhalt), around 10 minutes' walk to the town centre in a northern middle location within the medium-sized centre. The solid-construction building with two full storeys, a converted attic storey and a partial basement dates in its core from around 1880/1900 with later extensions around 1983 and 1995 as well as a partial refurbishment between 1993 and 1995, and has single-storey extensions for a former shop facing the street and residential rooms to the rear. The property comprises three residential units and one commercial unit with a total of around 250 m² of living space and around 23 m² of shop space, supplemented by three garages, a canopy, a garden shed as well as garden and open areas on the 767 m² plot.

Of the four units, only one flat is currently let, while two residential units and the commercial unit stand vacant, indicating a considerable letting backlog and corresponding potential upon successful re-letting. The district location is described as medium with limited footfall, which is likely to make re-letting the commercial space particularly difficult.

Wording of the local court, taken from the official auction notice.