St. Jakobs Strasse, Basel

In the best location of Basel, directly at Aeschenplatz, this distinctive residential and commercial property presents an interesting investment opportunity with diverse perspectives. The excellent micro-location, outstanding transport connections, and existing yield and development potential make this property particularly attractive. The property, built in 1911, includes three spacious 4½-room apartments with a total of approximately 359 m² of living space, around 100 m² of office space on the ground floor, and six attic rooms in the top floor. The total rentable area amounts to approximately 531 m² on a plot size of 219 m². Particularly interesting for investors are the vacancy and yield potentials. The office space is currently ready for re-rental, and there are attractive opportunities for optimizing rental prices upon re-renting. Furthermore, the zoning classification 5a offers long-term development perspectives, including the possibility of new development or replacement construction. The existing property has renovation potential and is neither listed as a historical monument nor located in an ISOS area.