Single family house on sale in Grenchen - Ref IJ675
High-yield real estate package with approval for residential conversion
Object PriceCHF 2,200,000.-
AvailabilityTo agree
Localisation
Bettlachstrasse 140, 2540 GrenchenCharacteristics
Reference
IJ675
Availability
To agree
Ground surface
2,159 m²
Description
Text translated from german, see original
Original text in german, translate to English.
Investment property in Grenchen – Two independent buildings with great potential
For sale are two separate properties in an attractive location in Grenchen (SO):
An existing apartment building with commercial space and an industrial building with an approved residential project. Both properties together offer an excellent combination of current income and further development potential.
Building 1 – Apartment building with commercial component
- On the ground floor there is a hairdressing salon, above it four fully rented apartments.
- In addition, there are three apartments under construction, the conversion of which is possible after the building permit has been granted.
- The building is fully let and generates stable rental income.
Building 2 – Industrial building with building permit
- On the second plot there is an industrial building, for which a building permit for 12 new apartments has already been obtained.
- One 3.5-room apartment and eleven 2.5-room apartments are planned.
- The cost analysis shows conversion costs of CHF 2,144,000.
Key financial data
- Total costs incl. purchase price: CHF 4,344,000
- Expected gross return: approx. 4.92 %
- Attractive for investors who want to combine current 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 connections, a strong business 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, please do not hesitate to contact me.



























































































































































































