59 m² commercial/office premises in Kuopio — sold to the highest bidder!, Kuopio

Now offered at auction is an opportunity to acquire a profitable and versatile commercial unit in Petonen, Kuopio. For sale is a 59 m² office or retail unit at Petosentie 7, Asunto Oy Kuopion Petosen Puisto.

The premises are currently vacant and available immediately to the new owner. A clear and functional layout allows flexible use and adaptation for different needs. The unit also includes a private WC and a practical kitchenette. The property suits an investor for letting or an entrepreneur for their own use and is well suited for office, professional or other commercial activities.

If the unit were let for example at €600/month and the calculated purchase price were €25,000, the yield would be very strong, around 15%.

The unit is located in a debt-free, well-maintained housing company completed in 1997; there are no company loan shares attached to the unit. The maintenance charge is modest, only €5.00/m²/month, i.e. €295.00/month. This enables strong cash flow and excellent rental yield potential, which depending on the auction price may reach double-digit percentages. The true value will be revealed to the highest bidder!

The housing company consists of 36 residential units and one commercial unit. The building is in good technical condition and no major renovations are foreseen. Heating is district heating, the building has a lift, mechanical extract ventilation and DNA broadband for the housing company. The company is not VAT-liable.

The Petonen location is practical for business. The area has ample population, comprehensive daily services and good public transport links. Nearby are Petonen shopping centre, Lidl, S-market and K-supermarket, as well as a health centre, library and the Lippumäki sports and swimming complex. Kuopio city centre is about 10 km away and the Matkus shopping centre is roughly a five-minute drive. Kuopio is a strong and growing university city with about 126,000 inhabitants, which also supports demand for commercial premises.

Housing company As Oy Kuopion Petosen Puisto

Type: Apartment building, basement + 6 residential floors

Year of construction: 1997

Address: Petosentie 7, 70820 Kuopio

Buildings: 1

Residential units: 36 pcs (office and club room 1 pc)

Underground parking spaces: 15 pcs, parking spaces are on separate shares

Lifts: 1 lift

Charges: Maintenance charge: €5.00/m²/month

Maintenance charge for parking hall: €1.25/m²/month

Running costs: Water advance €25/person/month, Cold water €7.50/m³, Hot water €12.80/m³, Sauna slot fee €20.00/month, Parking rent €20.00/month

Heating: District heating / water-circulated radiator heating

Ventilation: Mechanical extract ventilation (apartment-specific)

Construction and finishes: Reinforced concrete frame (element), Facade: plaster + paint, Base/floor structures: ground-bearing concrete base, Roof type/material: flat roof / bitumen roofing

Plot: Leasehold (Ralex Group Oy and Pallo Ilmaa Golf Lounge Oy), Area 1,876 m², Annual ground rent €14,400, Contract ends 2075

Connections: Antenna system: Cable TV (DVB-C), DNA housing-company broadband

Common areas: Maintenance and technical rooms as well as any shared spaces and parking areas located on the property grounds.

Maintenance needs report 2025–2029

The seller will carry out the following refurbishment works during spring–summer 2025

• Replacement of apartment doors and maintenance painting of stair doors & stairwells

• Apartment refurbishments (touch-up painting, laminate floor installations, etc.)

• Replacement of floor coverings in 5 bathrooms

• Yard improvements: cleaning of concrete paving, repairs to wooden fences, maintenance of stone wall + installation of a rainwater guiding sheet

Other estimated maintenance needs 2025–2029

• Replacement of the district heating plant, balancing of the heating network and replacement of radiator valves

• Annual roof inspections and necessary repairs/maintenance identified

• Renewal of façade element joints

• Maintenance of apartment windows: check/replace opening devices and long-closures as needed. Inspect/replace window seals. Maintenance painting of internal timber (frames/sashes) where necessary

• Installation of drip pans under kitchen sink cabinets (recommended)

• Sweeping and adjustment of ventilation ducts

• Civil defence shelter tightness test

Maintenance and alteration works carried out in previous years

• Major lift overhaul 2023

• Cold parking hall renovation 2023

• Civil defence shelter 10-year inspection 2018

• Locking system renewed 2017

• Ventilation cleaning and adjustment works 2017

• + maintenance works according to the maintenance programme

Place your bid and secure a profitable commercial unit in Kuopio!

(Sold to the highest bidder. A bid placed in the auction is binding. If the highest bidder does not complete the purchase, they undertake to pay a cancellation fee of €1,000.)

Contacts

Sijoitusasunnot.com Group Oy

Matti Honkasalo

0414392489

matti.honkasalo@sijoitusasunnot.com