Apartment building / Investment property to buy in Leipzig

The property

A very special property is up for sale. The architecturally remarkable Art Deco building, with its original interior fittings from when it was a post office, is of architectural and local historical significance. As a historical monument, the former Paunsdorf post office still holds great sentimental value today.

The property was built in 1927. In 2006, the former post office counter hall on the ground floor was converted into a restaurant. In the course of the conversion, various modernization works were carried out on and inside the property.

Outside, iron clinker bricks accentuate the plastered and compact structure.

All rooms in the property can be accessed via a spacious wooden staircase. These are spread over a total of four levels (basement, 1st and 2nd floors, attic). There are also two mezzanine levels, one on each half-landing (toilet on the ground floor and an office on the half-landing on the 1st mezzanine).

For many years, the ground floor of the property housed the counter hall of the former historic post office. The previous owners had applied to the city of Leipzig for a change of use to a catering establishment and obtained the building permit for this. In the course of this, the unit was modernized and fitted with high-quality fixtures (professional kitchen, grease separator, counter, etc.).
The wooden beam ceiling and the exposed timber framework in the dining area are particularly impressive. Most recently, the premises were operated by the current owners as an Australian-Saxon pub. (The Post Office Leipzig)

On the first floor, there is an approx. 4-room apartment with approx. 115 m². The apartment features a fitted kitchen, a spacious bathroom with a real glass shower and bathtub, and a separate guest toilet. The wooden beams in the light-flooded kitchen and dining area and two functional tiled stoves in the kitchen and living room create a cozy atmosphere. In addition, the approx. 31 m² terrace/balcony can be accessed from the living room. The unit also has a spacious hallway. There is also a large utility room with water connection next to the kitchen.

There are two furnished apartments on the second floor.

The attic is currently unfinished, but offers approx. 54 m² of residential/commercial space for conversion.

The property entrance with an electric gate is located on Riesaer Straße. The property entrance is located at the rear of the courtyard.

The property has a full basement. In the basement there is a converted room with a kitchenette, bathroom with shower and toilet, and cupboard unit. The rooms were last used by catering staff.

The property also has spacious, green outdoor grounds. A dense hedge surrounds the garden. There is also a chicken coop, a drying area, and four mature ash trees. The parking spaces in the courtyard are separated from the garden by a hedge and a fence.

Overall, the property offers plenty of space for individual ideas (living and working, capital investment with depreciation potential, multi-generational living, etc.). The unique flair of the building, which can be attributed to its former use as a post office with staff apartments, is still largely intact today.

Let yourself be enchanted by the charm of this great property surrounded by greenery and go on your own discovery tour.