Schötz - Commercial and residential building to buy

Residential and commercial building with versatile usage potential and 6.3% yield

In a highly visible location in Pfaffnau, this charming residential and commercial building presents itself as a versatile investment opportunity with attractive development potential. The property combines living, gastronomy, and commerce under one roof, offering numerous usage possibilities for investors, restaurateurs, or entrepreneurs. The building, constructed in 1923, includes a restaurant with approximately 70 seats, a terrace with an additional 30 seats, and a pub with 70 more seats. The offer is complemented by several residential units of varying sizes, allowing for an interesting combination of residential and commercial use. The apartments are distributed across various floors and include several 2- to 3.5-room apartments. This makes the property suitable as a rental object as well as for mixed self-use concepts. The spacious gastronomy areas with a restaurant, pub, and terrace are particularly attractive, already featuring extensive infrastructure. According to the building insurance, high-quality kitchen equipment, refrigeration systems, ventilation systems, and buffet systems have been integrated. Another significant advantage is the total of 16 outdoor parking spaces, providing ideal parking opportunities for both residents and restaurant and commercial customers. On page 10 of the sales documentation, you will find the tenant mirror. Except for the restaurant, all listed areas are currently rented out under the conditions specified there. The income of CHF 126,000 is understood as gross rent or lump-sum rent. The stated gross yield of 6.3% was calculated by considering 90% of the rental income as net rent. The yield calculation is thus based on annual net rental income of CHF 113,400. The property also convinces with its striking appearance and increased visibility on the main street. The large plot of land and the existing structure offer additional interesting potential for future usage ideas or optimizations.Pfaffnau is an attractive and family-friendly municipality in the canton of Lucerne, offering an ideal combination of rural tranquility and good accessibility. The region is characterized by an idyllic landscape, extensive green spaces, and a pleasant living atmosphere. Thanks to the good transport connections, you can reach the surrounding centers such as Zofingen, Sursee, or Olten in a short driving time. Shopping opportunities, schools, restaurants, and various leisure activities are located at a comfortable distance, making Pfaffnau a popular place to live and work. The elevated location of the property also offers a beautiful view of the surrounding hill landscape and gives the object additional charm. It is precisely the combination of living quality, visibility, and versatile usage possibilities that makes this property particularly interesting.

Bargain with achievable gross return of over 7%

Renovation as an opportunity for value enhancement In the heart of Huttwil, this exciting residential and commercial building presents itself as an interesting opportunity for investors, developers, and holders with a view to returns and long-term value enhancement.On the ground floor, there is a restaurant with a fully equipped kitchen. Additionally, an adjacent retail space offers further potential for use and can be rented separately according to needs or used, for example, as a sales area, office, or hair salon.Several apartments in need of renovation open up attractive possibilities for upgrading for the new owner. Vacant spaces can be specifically renovated and then repositioned at market-conformable rents. This can significantly increase the property's earnings potential.Particularly interesting is the additional development potential in the rear area of the plot, where another building volume of up to three floors appears to be feasible, subject to official review and approval.A major renovation and expansion, as well as comprehensive renovations, were carried out in 1994 and form an important basis for the current condition of the property.With an achievable gross return of over 7%, this property offers exceptional potential for investors who recognize opportunities and want to actively create added value.The following highlights are offered by this property: • Achievable gross return of over 7% • Attractive possibilities for value enhancement through renovation and repositioning • Several apartments in need of renovation with upgrading potential • Development potential in the rear building area with up to 3 floors • Additional retail space with flexible potential for use • Restaurant with existing kitchen on the ground floor • Garages with space for up to 8 vehicles • 4 outdoor parking spaces available • Sunny location in the village center Seize this rare opportunity and let yourself be convinced of the uniqueness and potential of this exceptional property during a personal viewing.

LARGE PROJECT COMPLETELY RENOVATED

This object in Huttwil offers a variety of possibilities for investors. With 41 rooms on 1029 m² of living space, there is room for creative ideas and innovations. The converted industrial building has three entrances and is already 2/3 renovated and fully rented. The remaining units are nearing completion and promise a solid return. With 13 rentable units in various sizes, there is something for every target group. Additionally, a huge basement with versatile usage possibilities. An additional building plot with 1934 m² and green space rounds off this attractive offer. Those looking for a forward-looking property will find it here.This BETTERHOMES offer is characterized by the following advantages:- converted industrial building with three entrances- major renovation 2/3 already completed and fully rented- 1/3 is nearing completion and already promises a solid return- 13 rentable units- 10 x 1.5-room / 3 x 2.5-room / 3 x 3.5-room / 2 x 4.5-room- workshop at the back with 53 m²- immense basement for storage possibilities- additional building plot with 1934 m² and green space for sale- sustainably and cost-effectively heated with district heating- and, and, and ...Interested? Contact us for a non-binding viewing!Not found anything suitable? Over 1,900 more offers at: www.betterhomes.ch - the real estate fair mediatorWant to market a property yourself?Take advantage of our know-how: https://www.betterhomes.ch/de/profitierenDo you want to have a property valued?Find out its value now with our free valuation, immediately and non-binding!https://www.betterhomes.ch/de/knowledge/estimationMore detailsLocation: quiet and close to natureCondition: completely renovated, in completionBathrooms / wet cells: 19 (17 x shower / WC / sink, 3 x bathtub / WC / sink)Heating system: district heatingPublic transport: bus / train, 950 mSchools: primary school / kindergarten, 1.4 kmShops: Coop, 550 m / Denner, 700 m / Migros / Volg, 750 m / Ottos, 800 m / Landi, 1.6 km

Renovated Traditional Local with 25 Parking Spaces

The property with the well-known restaurant is located three minutes' drive from SWISS KRONO AG and also attracts many visitors who are passing through. The 50 m² large terrace and the 25 parking spaces (in the lease agreement) offer excellent conditions. The restaurant is well-maintained and in very good condition from the inside. The professional kitchen is in perfect working order. The sanitary facilities are spacious and well-maintained. The modernized apartment is located on the 1st and 2nd floors. The floor has been freshly replaced with a vinyl floor. The attic is bright, has heating radiators, and can be converted into a large room with little effort. This BETTERHOMES offer has the following advantages:- intact restaurant with Swiss cuisine to continue- renovated 5.5-room apartment- new photovoltaic system- 25 guest parking spaces only for your property- 50 m² large terrace- professional restaurant kitchen available- spacious ladies' and gentlemen's toilets- a lot of storage space- new floor (09.2024) in the living room, kitchen, and corridor- 2 minutes' drive from the restaurant is one of the largest employers in the canton of Lucerne, SWISS KRONO AG.- and, and, and ...Interested? Contact us for a non-binding viewing!Not found anything suitable? Over 1,900 more offers at: www.betterhomes.ch - the real estate fair mediatorDo you want to market a property yourself?Take advantage of our know-how: https://www.betterhomes.ch/de/profitierenDo you want to have a property valued?Find out its value now with our free valuation, immediately and non-binding!https://www.betterhomes.ch/de/knowledge/estimationMore detailsLocation: centralCondition: very goodBathrooms / wet cells: 1 (1 x bathtub / sink / toilet)Heating system: oil heatingPublic transport: bus, 500 m / Willisau train station, 3 km / Menznau train station, 4 kmSchools: primary school / secondary school, 4 kmShops: various shops, within walking distance