Mixed-use building for sale - 4051 Basel

If you want to invest your money beautifully:

This impressive Art Nouveau corner house is located at Steinenring / corner of Byfangweg – in the midst of one of Basel's most sought-after urban districts.
The so-called "Ivy House", part of an architecturally homogeneous ensemble of four townhouses, is just a few steps from the picturesque Pauluskirche and the popular Schützenmattpark.

The location impresses with its excellent public transport connections: tram and bus stops are in the immediate vicinity, and the SBB train station is only two stops away. The international airport Basel-Mulhouse is also easily reachable within a few minutes by car.

Whether currently rented as a representative business location or later for personal use living and working under one roof – the surroundings offer both urban life and tranquility and relaxation in the middle of the city.

The patrician house completed in 1912 was designed by the renowned Basel architectural firm of the Stamm brothers – architects who made city history with numerous Art Nouveau villas in Gellert and the Paulusquartier.

The building impresses with its prominent corner location, a historic lift, and a stylish facade with classic Art Nouveau elements and details from historicism. Original preserved parquet floors, artistic stucco ceilings with up to 3.30 meters of room height, as well as the magnificent oak staircase with skylight give the house a special aura.

The property extends over three residential floors with approximately 100 m² of floor space each, with a total of 12 rooms, a kitchen, and three wet cells available.

The attic with lift access offers additional, expandable potential on two levels – the necessary lines are already prepared. In the approximately 100 m² large basement, there are spacious cellar, archive, washing, and storage rooms.

In 2003, the building was extensively renovated – including the sewage system, sanitary and electrical installations – and was last used as an office building. With the exception of the office kitchen and sanitary areas, the property fortunately presents itself largely in its original condition.

Stylish living or working in a historic ambiance is just as possible here as using it as a multi-family house.
Currently, the property has been rented again for 5 years plus an option for another 5 years.

The property is heated with district heating.

The net yield for this wonderful property is 3.65%