Rental property in Grenchen Two independent buildings with great potential

For sale are two separate properties in an attractive location in Grenchen (SO):
An existing multi-family house with commercial space and an industrial building with an approved residential construction project. Both objects together offer an excellent combination of ongoing returns and further development potential.

Building 1 Multi-family house with commercial share
- On the ground floor is a hair salon, above it four fully rented apartments.
- Additionally, there are three apartments in the raw state, whose expansion is possible after the building permit has been granted.
- The building is fully rented and generates stable rental income.

Building 2 Industrial building with building permit
- On the second plot is an industrial building, for which a building permit for 12 new apartments is already available.
- Planned are a 3.5-room apartment and eleven 2.5-room apartments.
- The cost analysis shows renovation costs of CHF 2,144,000.

Financial key figures
- Total costs including purchase price: CHF 4,344,000.
- Expected gross return: around 4.92%
- Attractive for investors who want to combine ongoing income with development potential.

Why Grenchen?
Grenchen is the second-largest city in the canton of Solothurn and is strategically located between Biel/Bienne and Solothurn.
The city offers excellent transport links, a strong economic location (especially the watch industry) and a high quality of life. Thanks to numerous new construction projects and steady growth, Grenchen is one of the up-and-coming residential areas in the region.

Interested?
For detailed documents, further information or a viewing appointment, I am at your disposal.