$4,765,636
Historic Tower Villa With Flats And Office Spaces. Infill Project With Regulation For 10 New Flats
- 4 Beds
- 4 Baths
- 8,160 Sqft
- 11,679 Sqft lot
- Updated: February 4
-
132
Views for last 30 days
- 19
About the Property
After eight years of zoning work, the regulation has been approved. This new build project in historic surroundings is ready to unlock its full potential!
The property consists of a historic tower villa with ongoing rental income from 2 apartments and 2 commercial premises, and a newly regulated infill project with 10 modern apartments. A rare opportunity for the right buyer – right in t
The property consists of a historic tower villa with ongoing rental income from 2 apartments and 2 commercial premises, and a newly regulated infill project with 10 modern apartments. A rare opportunity for the right buyer – right in t
After eight years of zoning work, the regulation has been approved. This new build project in historic surroundings is ready to unlock its full potential!
The property consists of a historic tower villa with ongoing rental income from 2 apartments and 2 commercial premises, and a newly regulated infill project with 10 modern apartments. A rare opportunity for the right buyer – right in the heart of Drammen, by Bragernes Torg.
Highlights:
- Fully regulated project: 10 planned apartments in the backyard – the zoning risk has been eliminated.
- Historic tower villa: Neo-Renaissance style with soul and character, today with three large apartments and commercial premises.
- Ongoing rental income: The front building provides robust finances during the construction period.
- Unique location: Right in the city center, with a short walk to the church, the square and the city’s facilities.
- Great value in the details: Slate roofs, brick and authentic urban spaces give the project a commercial strength.
- The object that is for sale is not just the properties but the single purpose company (AS, aksjeselskap) that owns the development.
The property consists of a historic tower villa with ongoing rental income from 2 apartments and 2 commercial premises, and a newly regulated infill project with 10 modern apartments. A rare opportunity for the right buyer – right in the heart of Drammen, by Bragernes Torg.
Highlights:
- Fully regulated project: 10 planned apartments in the backyard – the zoning risk has been eliminated.
- Historic tower villa: Neo-Renaissance style with soul and character, today with three large apartments and commercial premises.
- Ongoing rental income: The front building provides robust finances during the construction period.
- Unique location: Right in the city center, with a short walk to the church, the square and the city’s facilities.
- Great value in the details: Slate roofs, brick and authentic urban spaces give the project a commercial strength.
- The object that is for sale is not just the properties but the single purpose company (AS, aksjeselskap) that owns the development.
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Property type
Townhouse
-
Floors
4
-
Year built
1882
-
Price/sqft
$584
Features
- Fireplace
- Mountain View
- Modern
- Open Kitchen
- River View
- City View
- 2D Floor Plan
- Investment Property
- Basement
Features
Lot
Indoor
- High Ceiling
- Office
- Fireplace
- Open Kitchen
- Basement
Outdoor
- Balcony
- Parking
- Outdoor Living Space
- Gate
Explore the Area
Kirkegata 5, 3016 Drammen, Buskerud, Norway
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Listings
2025
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We are your long-term advisors for purchase, sale and development of real estate. We handle used homes, new builds, leisure homes, plots, developments and commercial property.
Last updated
February 4
First listed
Jan 15
Listing reference
Kirkegata 5 (328261001)
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