Charlottenstraße 40

A six-story residential and commercial building in the Heusteigviertel neighborhood, right next to the subway station.

Year Built

1956

Rental Space

approx. 2.822 m²

Residential Units

32

Acquisition

2020

Downtown location with direct subway access and fully leased residential and commercial space.

Built around 1956, this mixed-use residential and commercial building is located in the Heusteigviertel neighborhood, right next to the Olgaeck subway station and within walking distance of Schlossplatz, Königstraße, and Stuttgart’s courthouse district. The six-story property, situated on a 733 m² lot, comprises 32 residential units and commercial units on the ground floor—including a restaurant and a sports school—across a total leasable area of approximately 2,822 m². Since its acquisition by the Koehler Group in 2020, the property has been actively managed. The net base rent has increased by approximately 24% since acquisition. The building is fully leased, and its central location in the sought-after Heusteig district ensures stable demand across all usage segments.