Strasbourg Neudorf — 370 sqm investment building, five apartments

Characterful building – Strasbourg-Neudorf, close to Place du Marché.

In the heart of Strasbourg-Neudorf, a sought-after district known for its vibrancy, shops and proximity to public transport, discover this post-war building of character, offering generous volumes and particularly attractive value-creation potential.

With a total surface of approximately 370 sqm, the building comprises five 2/3-bedroom apartments, most of them currently vacant, allowing a variety of rental or renovation projects to be considered.

Each apartment enjoys generous proportions, high ceilings, parquet floors and a balcony, with surfaces ranging from around 64 sqm on the ground floor to 79 sqm on the 1st and 2nd floors, 76 sqm on the 3rd floor and 73 sqm on the 4th floor.

The whole displays genuine architectural charm, with original features, generous volumes and finishes typical of buildings from this period.

Strong value-creation potential

Several avenues could be explored to fully unlock the building's potential:

• Renovation and modernisation of the apartments,
• Conversion of the mansard attic, with the possibility of creating an additional unit,
• Installation of an internal lift, subject to technical and regulatory feasibility,
• Extension of the ground-floor apartment, in accordance with local planning rules,
• Enlargement of the rear balconies by creating terraces on each floor.

Some apartments require refreshing works and an upgrade of their electrical installations, offering the opportunity to rethink the spaces and finishes as part of a coherent, bespoke project.

Pleasant outdoor space in the city centre

The building also benefits from a garden of approximately 216 sqm, a genuine asset in an urban setting, allowing an attractive outdoor space to be created for future occupants. The property also includes cellars and a laundry room.

A strategic location

Located in Strasbourg-Neudorf, right next to Place du Marché, the building enjoys a particularly convenient and sought-after environment, with shops, schools and public transport (tram and bus) within easy reach.

A rare asset by virtue of its configuration, volumes and location, and above all the many transformation and value-creation possibilities it offers. An opportunity for an investor, property developer or buyer seeking a high-potential real estate project.

Fees of 5% incl. VAT payable by the buyer included. Price excluding fees: €1,300,000. Energy class E, climate class E. Estimated annual energy costs for standard use: between €1,493 and €2,021 for the years 2021, 2022 and 2023 (subscriptions included). Information on the risks to which this property is exposed is available on the Géorisques website: georisques.gouv.fr.