Residential building for sale - 4054 Basel, General Guisan-Strasse

A well-maintained and continuously renovated apartment building in a central location in Basel is for sale. The property combines an attractive mix of residential and commercial use, is fully let and offers an interesting expansion reserve for future value appreciation.

Location
The property is located in a very well-developed residential and commercial area of Basel. All infrastructures such as bus stops, shopping facilities, kindergartens and schools are available in the immediate vicinity. The central location ensures a long-term high rental capacity.

Use & Distribution
Ground Floor - Commercial Space (Hair Salon, approx. 62 m²)

• Original commercial space: 17 m²
• The formerly adjacent 2-room apartment (approx. 45 m²) has been fully integrated into the hair salon through a wall breakthrough
• The unit now extends over the entire ground floor, with 3 rooms, kitchen, bathroom and balcony
• Long-term rented to an established hairdressing business with loyal clientele

1st Floor - 2.5-Room Apartment (approx. 63 m²)

• Completely renovated apartment with a well-thought-out floor plan
• Open kitchen with dining/living area
• Large bedroom (approx. 22.5 m²)
• Bathroom with bathtub
• Small balcony to the quiet side

2nd Floor & Attic - 4-Room Maisonette Apartment (approx. 90 m² + attic)

• Maisonette apartment over two floors
• Three well-shaped bedrooms
• Separate kitchen
• Bathroom with bathtub
• Two small balconies
• Additionally in the attic: Mansard room (22.8 m²) with access to the spacious roof terrace (14.6 m²) - ideal for relaxing with evening sun

Basement

• Communal laundry room
• Cellar rooms for each residential unit
• Heating room
• Garage as well as an outdoor parking space for customers

Additional Information

• Solvent, quiet and pleasant tenant base
• Ongoing investments amounting to around CHF 245,000.-
• Fully rented, no vacancies
• Gross yield of 3.42% due to the mix of commercial and residential use
• Building and expansion reserves available: Potential for the installation of a lift and possibility to create more generous balconies (subject to approval)

Conclusion
This property offers an excellent combination of ongoing yield, long-term value appreciation potential, and central location. Ideal for investors looking for a sustainable investment with development potential. We would be happy to show you this property in a personal viewing appointment. For inquiries, we are at your disposal at any time.
Your avenaris real estate team
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