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Attractive residential and commercial building in the heart of St. Gallen's old town
4 300 000 CHF
St. Gallen
Description
The residential and commercial building at Metzgergasse 9 is located in an absolute prime location in the middle of the old town of St. Gallen. It impresses with its central location, a balanced and established tenant mix and an excellently developed infrastructure.
The ground floor and basement are home to an attractive retail space with a high footfall. Since 2014, this has been used by the Blue Wonder music store, which operates other branches in Chur and Sargans in addition to the location in St. Gallen. The company has been in existence since 1988 and offers all services related to music-making.
On the floors above is the Hotel Elite, which offers its guests a pleasant stay in a prime inner-city location with a total of 25 rooms. The rooms are divided into three standards
to adapt optimally to the different situations and needs of its guests.
The usage concept is complemented by two modern studios on the top floor, which were expanded in 2020 and offer students and singles in particular a charming place to live in the city centre.
The property was built in 1959 and partially modernized over time. Among the most important recent renovations are the installation of a gas heating system in 2014 and the renewal of the main distribution and the expansion of the studios in the attic in 2020. The second basement floor houses the ancillary and technical rooms, the hotel's laundry room and the basement compartment of the commercial space. Parking
possibilities are available in the nearby underground car park Central within easy walking distance.
The property is fully let and the current actual net rent is CHF 189,240 per year.
This property offers an attractive investment opportunity in a highly frequented location in the heart of St. Gallen and combines stable income with long-term value potential. Order the detailed sales documentation for this interesting property. After receiving the documentation, we will be happy to arrange a personal viewing appointment. We look forward to your contact request.
The ground floor and basement are home to an attractive retail space with a high footfall. Since 2014, this has been used by the Blue Wonder music store, which operates other branches in Chur and Sargans in addition to the location in St. Gallen. The company has been in existence since 1988 and offers all services related to music-making.
On the floors above is the Hotel Elite, which offers its guests a pleasant stay in a prime inner-city location with a total of 25 rooms. The rooms are divided into three standards
to adapt optimally to the different situations and needs of its guests.
The usage concept is complemented by two modern studios on the top floor, which were expanded in 2020 and offer students and singles in particular a charming place to live in the city centre.
The property was built in 1959 and partially modernized over time. Among the most important recent renovations are the installation of a gas heating system in 2014 and the renewal of the main distribution and the expansion of the studios in the attic in 2020. The second basement floor houses the ancillary and technical rooms, the hotel's laundry room and the basement compartment of the commercial space. Parking
possibilities are available in the nearby underground car park Central within easy walking distance.
The property is fully let and the current actual net rent is CHF 189,240 per year.
This property offers an attractive investment opportunity in a highly frequented location in the heart of St. Gallen and combines stable income with long-term value potential. Order the detailed sales documentation for this interesting property. After receiving the documentation, we will be happy to arrange a personal viewing appointment. We look forward to your contact request.