Munich - City Centre / Isarvorstadt
sold

Am Sendlinger Tor: Property with old stock in highly attractive, highly frequented city location

The property exclusively offered by us for sale is a corner plot with old stock in an excellent, absolutely central Munich city location. The property is located at Lindwurmstraße 1, in the immediate vicinity of Sendlinger-Tor-Platz with perfect public transport connections. With Sonnenstraße nearby and Stachus only a few minutes' walk away, this high-traffic, prominent address enjoys a very high level of visibility. The adjacent Munich Old Town with Marienplatz and Viktualienmarkt as well as the directly neighbouring trendy Glockenbachviertel underline the attractiveness of this location.

The property measures approx. 530 m²; the building law is based on the legally binding development plan no. 1069. A GFZ of 4.1 is permissible. The permitted use is predominantly commercial with residential space in the attic. The currently existing old building comprises a building complex with basement, ground floor, 1st and 2nd floor from the year of construction around 1888, which is in need of fundamental renovation.

Basic data
Property
GR 155
Property type
Land
Area listing
Land area
530 m²
Floor space ratio
0,7
Number of storeys
4,1
Purchase price

This property is already sold.

Location

Lindwurmstraße 1 is an exposed, prominent address in the heart of Munich. Thanks to the corner location, two angled façade fronts are possible, resulting in very high visibility and increased external impact.

Sendlinger-Tor-Platz, as a traffic junction with underground, bus and tram lines, is one of the highly frequented, pulsating locations in the city centre.

The quality of this address is also convincing. Sendlinger-Tor-Platz is a traditional piece of Munich. With a popular art house cinema, gastronomy and the popular Christmas market, it spreads an appealing flair. The nearby Sendlinger Straße, one of the most popular shopping and strolling miles, also has a high attraction. The adjacent university hospitals underline the value of this location. And the neighbouring Glockenbachviertel, one of Munich's trendiest, most sought-after districts, also contributes to the attractiveness of the property on offer.

The Marienplatz, the Viktualienmarkt and the Italian gourmet location Eataly, excellent restaurants and trendy bars are within walking distance as well as shopping facilities of all kinds.

The optimal connection to the public transport system benefits the residents as well as the employees of Lindwurmstraße 1 and the walk-in customers of possible shop units. The U1, U2, U3, U6, U7 and U8 stop at "Sendlinger Tor". Bus and tram lines are also available in the immediate vicinity. The S1 to S8 (main line) run at the Stachus, which is approx. 750 metres away.

On the open space area between Lindwurm-, Nussbaum-, Sonnenstraße and Oberanger, the Stadtwerke München is currently carrying out a renovation of the subway structure and the tram track/turning loop; completion of the measures is planned for mid-2022.

Ralf Heidemann
Ralf Heidemann
Authorized signatory and shareholder
Dipl.-Kaufmann / Dipl.-Sachverständiger (DIA) / Member of the Board IVD Süd e.V.
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