Listed residential and commercial building in Cologne's old town
Komödienstraße 5, 50667 Köln-Altstadt-Nord, Nordrhein-Westfalen
Court notices and appraisals are published in German by the local court. Original wording is shown unchanged.
Appraised value
€1,310,000
Auction date
30 September 2026
10:00
Appraised value
€1,310,000
Minimum bid: below €655,000 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €917,000 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.
Auction date
30 September 2026 · 10:00
Local court
Auction venue
Amtsgericht Köln, Nebenstelle, Reichenspergerplatz 1, 50670 Köln, Etage E, Sitzungssaal 18 Reichenspergerpl.
Case number
0092 K 0021/2025
Next steps
Wednesday, 23 September 2026
- €131,000 (10% of the appraised market value)
- Transfer deadline has passed
- You can still lodge the deposit at the hearing by bank guarantee or cheque (§ 69 ZVG)
- Cheque: issued on or after the third working day before the auction
Wednesday, 30 September 2026
- 10:00
- Amtsgericht Köln in Nordrhein-Westfalen
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.
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
€983,941
€917,000 purchase price + €66,941 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. €46,492 (~5.1%)
Estimates. They create no legal claim.
Key facts
Property type
Wohn-/Geschäftshaus
Living area
103 m²
Price per m²
€12,718
Plot size
64 m²
Year built
1949
Rooms
3
Occupancy
Let
Town
50667 Köln-Altstadt-Nord
Property description
Listed building comprising residential and commercial use in the traffic-favourable inner-city location of Cologne's Altstadt, immediately west of the B 51 and approximately 150 m from Cologne Cathedral. The fully basemented building was erected in 1949/1950 as post-war reconstruction and completed in 1953/1954 with two further full storeys, with partial refurbishments in 2005 and 2020. With 5 storeys of solid construction and a flat roof, it bears characteristic features of early post-war reconstruction architecture.
The property comprises a shop unit (souvenir retail) spanning basement, ground floor and 1st upper floor (120 m² usable floor area, let to German Souvenirs), as well as three separate small residential units on the upper floors (103 m² living area in total). The flat on the 4th upper floor is occupied by the owner herself, the three other residential units are let. The annual gross income amounts to around 84,732 euros, with average rents of 6,000 euros monthly for the shop and 350 to 450 euros for the flats.
The structural condition is satisfactory, with a fictitious remaining useful life (Restnutzungsdauer) of 23 years against a total useful life of 80 years. The facade shows classic 1950s articulation with concrete ribs and rendered surface, windows have been altered (originally with glazing bars). Electrical and sanitary installations mostly correspond to the period-typical standard with partial modernisations. As a listed building (Baudenkmal, since 1991), the property is subject to increased maintenance requirements.
Klaava Pro
What Pro adds for this property
- 2 findings from the appraisal
- Valuation: Income approach, Property yield rate
- 2 entries in section II, meaning encumbrances and restrictions
- 4 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
- 24 more photos of this property
Official property description
The court’s wording
Wohn- und Geschäftshaus in 50667 Köln (Altstadt - Nord), Komödienstraße 5, denkmalgeschützt, eingebaut, voll unterkellert, mit 5 Vollgeschossen, insgesamt enthaltend 1 Ladenlokal zwei Geschosse und 3 Wohnungen. Nutzfläche 120 m², Wohnflächen 102,96 m².
Wiederaufbau ca. 1949/50, 2. Bauabschnitt 1954 /1955, in Teilbereichen verbessert, Teiländerung im EG und 1. OG ca. 2004.
Der Innenausbau entspricht überwiegend dem Ausstattungsstandard des Baujahres bzw. der einzelnen Teilmodernisierungsjahre / -phasen und genügt durchschnittlichen Wohn-/ Gewerbeansprüchen. Instandsetzungsarbeiten waren z. Zeitpunkt der Begutachtung dringlich nicht erforderlich.
Kontakt Gläubiger: Tel.: 0221 226-55512
Gutachteneinsichten können zu den allgemeinen Publikumszeiten des Gerichts oder nach vorheriger Terminvereinbarung erfolgen. Entsprechende Termine können online auf der Internetseite des Amtsgerichts Köln oder telefonisch unter den Nummern 0221/7711- 782, 197, 323 oder 842 vereinbart werden. Geben Sie hierbei unbedingt das Aktenzeichen des Verfahrens an (z.B. 92 K …/25)
English translation
Building comprising residential and commercial use in 50667 Cologne (Altstadt - Nord), Komödienstraße 5, listed building, terraced, fully basemented, with 5 full storeys, containing in total 1 shop unit over two storeys and 3 flats. Usable floor area 120 m², living areas 102.96 m².
Post-war reconstruction ca. 1949/50, 2nd construction phase 1954/1955, improved in parts, partial alteration on the ground floor and 1st upper floor ca. 2004.
The interior fit-out mostly corresponds to the fitting standard of the year of construction and/or the individual partial modernisation years/phases and meets average residential/commercial requirements. Repair works were not urgently required at the time of the inspection.
Contact creditor: Tel.: 0221 226-55512
Inspections of the appraisal report (Gutachten) can take place during the court's general public hours or by prior appointment. Corresponding appointments can be arranged online on the website of the Amtsgericht Köln or by telephone on 0221/7711-782, 197, 323 or 842. Please be sure to state the case reference number (Aktenzeichen) of the proceedings (e.g. 92 K …/25)
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 · 2 findings
- Interior fit-out
- Building services
Read out of the market value report written by the court-appointed surveyor.
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