Address: Spartakovskaya Ulitsa, 2А bldg 1, Moscow, Basmanny district, CAO
For sale 6-storey brick detached building in the center with its territory
The total area of the building is 8,667.2 sq.m., including 2 underground floors. The building is not a cultural heritage object, is in ownership.
The building is equipped with the following engineering systems: ventilation (supply and exhaust), air conditioning (split-system), СКУД (Access Control Management System), on the territory there is parking lot for 20 cars.
The detached building was built in 1937. The state of finishing the building: fully completed, in the presence of furniture and office equipment. The territory of the building is fenced perimeter.
The deal includes a land plot with an area of 3,898 sq.m., rented for 25 years (contract dated 17.09.1996), to accommodate business facilities, including office centers.
Factors of investment attractiveness:
- Location: the object is located in the center of Moscow and has excellent transport accessibility: 700 m. from «Baumanskaya» metro station; convenient access both by public transport and by car: distance to the Third Ring Road - 1 km.
- Surroundings: the nearest surroundings are public, business and residential buildings with developed infrastructure (stores, cafes, bank branches, etc.).
- Optimal use: considering that the building is finished, it can be used for rent as a class B office building (as a whole building or in parts).
- Currently, rental rates in the local environment in such office buildings range from 20,600 to 24,400 rub./sq.m. per year.
The initial price at the auction is less than 95,000 rub. per sq.m., which makes the object attractive for investment. When renting out at average market rates, the payback period of the object will be about 5 years.