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Commercial (Building) in Prague, Prague for Sale


Web Reference: #33639

Property Description

The building is located in a quiet area of the city.


Basement: General and commercial premises (193.14 sqm before reconstruction);

Yard: 103,50 м2;

1 floor (above the basement):

Two residential units (98.26 sqm and 60.35 sqm) and common areas (40.45 sqm);

2nd floor:

Two residential units (95.79 sqm and 94.76 sqm) and common areas (19.05 sqm);

3rd floor:

Two residential units (114.98 sqm and 74.23 sqm) and common areas (19.04 sqm);

4th floor:

Three residential units (95.25 sqm, 55.07 sqm and 38.47 sqm), common areas (21.16 sqm);

5th floor:

Two residential units (86.02 sqm and 51.27 sqm), common areas 49.33 m2 prior to reconstruction into residential units 26.09 m2;

6th floor (attic): Residential part 89.66 m2.

The total area is 1425.87 m2.

Usable area 1106.92 m2 of which 913.78 m2 residential units and 193.14 m2 commercial units.

Thus, a total of 12 residential units (of which 1 is pre-renovated) and 1 commercial unit (pre-renovated). The residential units are partially occupied.


For floors 1-5 it is also possible to alter / subdivide the existing layout to 4 residential units on each floor, which would change the existing capacity of the house to 20 residential units and 1 commercial unit. There is also a valid permission to change the layout of the house and install a street lift in the courtyard.


According to Deloitte 06/2021, the average price of flats in this area (Prague 8 - Karlin) is 150,310 CZK per sqm. ( 5,871 EUR/sqm). At this assessed price for residential premises and at an assessed price of 50% for commercial premises, with residential premises of 913 sqm and commercial premises of 193 sqm, the value is approximately CZK 151 million (EUR 5,860,000).


The price is CZK 85 million. The price is not negotiable. The sale will take the form of a transfer of 100% of the share in the business of a special purpose company.

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