$40,986

This historic residential and commercial building from around 1800 is located in the heart of the listed old town of Blankenburg in the Harz Mountains - a half-timbered building with an impressive presence that is now awaiting a comprehensive revitalization. The property is located at Tränkestraße 18, embedded in a mature ensemble of traditional old town houses, not far from the former Tränketor gate and the baroque domain. The location is one of the most historically and urbanistically valuable sites in the city. The building is in great need of renovation and is currently in a condition that requires extensive measures to be carried out on the roof, façade, half-timbering, interior fittings and the entire building services. The fabric shows visible damage, but at the same time it offers a rare opportunity to restore an old town house with character in keeping with its listed status. In its current state, the house is uninhabited and unused. Due to its architectural structure, the property is suitable both for purely residential use and for a combination of living and working. Commercial use on the first floor - for example as a store, office, practice or studio - is conceivable due to the central location and street-side accessibility, subject to the approval of the relevant authorities. Historically, the building was part of a busy street that combined small businesses, crafts and residential areas. Until more recent times, a bookshop, a print shop and small businesses were located in the immediate vicinity. Even today, Tränkestraße is still characterized by this small-scale urban structure. The location in an eligible listed ensemble opens up interesting opportunities for investors, owner-occupiers or project developers. Subsidies for listed building refurbishment, tax depreciation in accordance with §§ 7h/7i EStG and municipal development programs may be available. Several properties in the neighborhood have already been successfully renovated and made usable again - including Tränkestrasse 21 with modern residential use. The property is ideal for buyers with experience in renovating old buildings and preserving listed buildings - or for visionary developers who are passionate about bringing a piece of the city's history back to life. With clever planning, a harmonious overall concept of historical flair and contemporary use can be developed here. Particularly interesting: the directly adjacent neighboring building, Tränkestraße 18, is also for sale and can be purchased together with No. 19. This opens up the possibility of developing a larger urban ensemble and realizing individual usage concepts across both buildings. We look forward to presenting this special property to you personally and would be happy to arrange a viewing appointment.

Amenities

• Bedrooms: 0
• Full Bathrooms: 0
• Partial Bathrooms: 0
• Property Type: Manufactured In Park
• Year Built: 1800
• Built in 1800
• Home size: 2,152 ft² / 199.93 m²
• MLS: 25363011
• Status: Active