Multi-Family House in Basel

The property consists of a former bakery with storage (approx. 160 m2) in the basement, a retail space with ancillary rooms on the ground floor (approx. 90 m2), as well as

three apartments (each approx. 100 m2/total approx. 300 m2) on the 1st, 2nd and top floors.

The attic is available and not developed (approx. 80 m2 BGF).

The basement/ground floor are rented out to a net annual rent of approx. CHF 95,000.-.

The apartments are rented out to a net annual rent of approx. CHF 64,000.-.

The three apartments are rented out below the local customary rent, according to the cantonal rent price grid.

Due to the mere three residential units, the property is not affected by the rent protection legislation.

The plot is located in building zone 4 and can be built with four full floors and two attic floors. Thus, there is a reserve of utilization in the number of floors and therefore in the volume of the building.