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Vacant mided-use building

Struer, Denmark

74%

4.000.000 kr.

Mixed use

#35551

Core+, Value-Add

13 Jan 2025

Property Details

Broker

For sale

736 m²

Leasable area

5,434.78 DKK/m²

10.01 %

Freehold

X

Fees

0.00 %

0.50 %

0.00 %

0.50 %

Investment Overview

The property is very centrally located in Struer, right next to the pedestrian zone and the harbor. The property was built in 1897 with a later renovation in 1995. The property is built of brick with a fiber cement roof covering in accordance with the BBR. The property consists of a mixture of residential and commercial. There will probably be an opportunity to establish additional housing by converting office space to residential space. However, this must be clarified with the municipality. The property was awarded a prize in 1988 for good and beautiful construction. There are two vacant residential leases in the property. In addition, there is a single commercial tenant in the form of Æ be grill, which has been a solar center in the property since 1997. The remaining part of the property consists of three empty leases, one of which is suitable for retail. In addition, there are two office leases that could possibly be converted to housing, which however requires the municipality's approval.