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Residential and commercial building within the listed monument

Am Geist und Weststraße 90, 59174 Kamen, Nordrhein-Westfalen

Auction in 11 days

Court notices and appraisals are published in German by the local court. Original wording is shown unchanged.

Appraised value

€493,000

Auction date

5 October 2026

10:00

Of which, per parcel

  • Parcel 187€1,800
  • Parcel 344€488,200

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.

Satellite view of the location
Satellite view of the location, no photo of the property available
Enforcement by a creditor

Appraised value

493,000

Of which, per parcel

  • Parcel 187€1,800
  • Parcel 344€488,200

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.

Bidding thresholds
50%70%
246,500345,100

Minimum bid: below €246,500 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €345,100 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.

Auction date

5 October 2026 · 10:00

Auction venue

Amtsgericht Kamen, Hauptgebäude, Poststr. 1, 59174 Kamen, Etage 1, Sitzungssaal 1

Case number

0014 K 0009/2023

Next steps

Bid deposit

Monday, 28 September 2026

  • €49,300 (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)

Auctionin 11 days

Monday, 5 October 2026

  • 10:00
  • Amtsgericht Kamen in Nordrhein-Westfalen
Payment of the purchase price

approx. November 2026

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.

Read the official auction notice

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

of the appraised market value

State

Property transfer tax6.5%€22,425
Court fee for the award (§ 54 GKG)approx. 0.5%€1,725
Land register entryapprox. 0.3%€1,035
Total closing costs€25,185(7.3%)

Total investment

€370,185

€345,000 purchase price + €25,185 closing costs

Bid deposit€49,300

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. €17,492 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

Wohn-/Geschäftshaus

Living area

600 m²

Price per m²

€822

Plot size

383 m²

Year built

approx. 1880

Occupancy

Let

Town

59174 Kamen

Property description

Listed residential and commercial building in the centre of Kamen, located directly at the eastern start of the Weststraße pedestrian zone on a corner plot facing the street Am Geist. The building consists of a three-storey main building, partially with a basement, with a mansard roof, and a two-and-a-half-storey timber-framed outbuilding with a gable roof; the original year of construction is estimated to be the 1880s.

The ground floor comprises a commercial unit of around 220 m², which was most recently used as a restaurant and stood empty as of the valuation date, while the first and second upper floors, respectively the attic, contain flats and individual rooms totalling around 380 m². Of the residential spaces, two flats of around 42 m² and around 75 m² are actually let, the remaining areas stood empty at the time of inspection.

The structural condition is not consistently in keeping with the building's age, with damaged render and moisture damage in the basement, windows requiring renewal throughout the building, and damage to the facade and roof covering. A heating system was renewed at the beginning of 2023; for the buyer, given the town-centre location and the listed status, there is both income and modernisation potential once the backlog of refurbishment has been addressed.

Klaava Pro

What Pro adds for this property

  • 8 findings from the appraisal
  • Valuation: Income approach, Property yield rate
  • 2 entries in section II, meaning encumbrances and restrictions
  • 5 units with floor area, actual rent and market rent
  • Timeline of modernisation work, with years
  • Energy: Heating type, Energy source
  • More key facts: Remaining useful life and 2 more
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Official property description

The court’s wording

Laut Wertgutachten handelt es sich um ein Baudenkmal teilweise 2 1/2, teilweise 3-geschossiges, teilweise unterkellertes Wohn-/Geschäftshaus mit einem Gewerbebereich im Erdgeschoss (z. Zt.Leerstand, vormals Gaststätte) sowie Wohnungen/einzelne Zimmer/Räume in den Obergeschossen und dem Dachgeschoss. Baujahr: geschätzt ca. 1880 Jahre. Wohn-/Nutzflächen überschläglich wie folgt ermittelt: Erdgeschoss: Gewerbe ca. 220 m², 1. Obergeschoss: Wohnen ca. 200 m² und 2. Ober-/Dachgeschoss: Räume ca. 180 m². Eine Innenbesichtigung konnte teilweise durchgeführt werden. Eine Wohnung ist vermietet. Bei dem Flurstück 187 handelt es sich nach dem Gutachten um den Gehweg vor dem Hausgrundstück. Bei dem Zubehör handelt es sich um Gaststätteneinrichtung.

Hinweis:

Hinweis:

Einsichtnahme in das Gutachten und/oder Verfahrensakte nach vorheriger telefonischer Terminabsprache unter:

02307 992-225 Endziffer Aktenzeichen: 5 bis 0,

02307 992-220 Endziffer Aktenzeichen: 1 und 4,

English translation

According to the appraisal, this is a listed building (Baudenkmal), partly 2 1/2, partly 3-storey residential/commercial building, partly with a basement, with a commercial area on the ground floor (currently vacant, formerly a restaurant) and flats/individual rooms in the upper storeys and the attic storey. Year of construction: estimated ca. 1880. Living/usable areas roughly determined as follows: ground floor: commercial ca. 220 m², 1st floor: residential ca. 200 m² and 2nd floor/attic: rooms ca. 180 m². An internal inspection could be partially carried out. One flat is let. According to the appraisal, parcel 187 is the pavement in front of the property. The accessories consist of restaurant fittings.

Note:

Note:

Inspection of the appraisal and/or case file by prior telephone appointment at:

02307 992-225 last digit of case number: 5 to 0,

02307 992-220 last digit of case number: 1 and 4,

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

Construction

Hauptgebäude: Massivbau, verputzt, teils unterkellert, mit Mansarddach. Nebengebäude: Fachwerk mit ausgemauerten Feldern, nicht unterkellert, mit Satteldach. Fenster und Fassade sind überwiegend erneuerungsbedürftig.

Findings of the surveyor · 8 findings

  • Interior fit-out (4)
  • Facade (2)
  • Basement
  • Roof

Read out of the market value report written by the court-appointed surveyor.