Sale of an ideal co-ownership share of 17/24 (70.83%) in a set of two apartment buildings from 1910 with the potential of an attic conversion, extensive cellar spaces, and a large plot allowing parking in the courtyard. The group of houses is located right next to a park and the Palmovka metro station, an area that is awaiting an extensive revitalization. Due to the size of the property and the attractive location, the property is suitable for a residential project.
Key investment criteria
Key investment criteria
- sale of ideal co-ownership share 17/24 (70.83%)
- building in a state requiring reconstruction
- current gross floor area of the building 2,807 m2
- current net floor area of the building 1,533 m2
- current net floor area of residential units 804.83 m2
- current net floor area of studios 166.57 m2
- current net floor area of the restaurant 293.95 m2
- current net floor area of other premises (workshops, garages, warehouses) 267.99 m2
- current floor area of the basement approx. 700 m2 (not included in the ČPP)
- potential net floor area of the building 2,832 m2
- potential net floor area of residential units 2,159.7 m2
- potential net floor area of terraces and front gardens 373 m2
- potential net floor area of non-residential premises 300 m2
- potential number of parking spaces - 17 places
- current net annual income from renting units - CZK 2,600,000
- building rented
- park views
- a dynamic location near the Palmovka metro station
Property description
- building from 1910
- 1 underground and 3 above-ground floors + attic
- original purpose: on the 1st underground and ground floors is meat operation (cooling and aging of meat, processing, shop, and inn), on the 1st floor and above are apartments
- approved as an apartment building
- extensive basement spaces (approx. 700 m2) with an architectural study from 2016 for cafes, rehearsal rooms, recording studios, and a cultural center with a club and dance halls
- attic spaces (approx. 390 m2) with the possibility of extension
- currently without an elevator, the possibility of its installation
- gas heating
- the building is not listed, but located in a listed area
Location
- gradually modernized district of Prague 8 - Libeň with a complete infrastructure
- tram stop right next to the building (less than 10 minutes to the city center)
by the Palmovka metro station - in the immediate vicinity of a kindergarten and elementary school, shops, restaurants, post office
- Galerie Harfa shopping and entertainment center and the multi-purpose O2 arena Prague are within a short driving distance
- many sports fields and parks in the vicinity, bike path along Rokytka Stream
