SUGAR RESIDENCE WISMAR

The City of Wismar is demonstrating significant interest in the development of this location, fully endorsing a diversified mixed-use concept for the area. Consequently, we have transformed the acquired property into a strategic development that simultaneously honors its historical integrity and addresses contemporary residential demands.

Our core focus lies in the meticulous revitalization and conversion of the former sugar factory’s landmarked administrative building. This process will yield 32 premium residential units, seamlessly blending the historical charm of the structure with state-of-the-art living comfort. Furthermore, 32 dedicated parking spaces will be established to enhance tenant convenience and the overall property value.

The refurbishment is being conducted under the stringent requirements of historical preservation, ensuring the retention of the original building fabric while meeting modern energy efficiency standards.

The completion of the Sugar Residence will not only significantly enhance the urban landscape but also make a vital contribution to supplying attractive, high-quality housing in Wismar. SP Immobilien GmbH places high value on the project’s harmonious integration into the existing neighborhood and the long-term, sustainable development of the asset.

KEY INVESTMENT DATA

Property type: Residential in a listed building

Year of construction: approx. 1990

Plot Size: 2.288 m²
Living Space: approx. 2.052 m²
Usable Space: approx. 2.418 m²

Number of Residential Units: 32 

Car Parking Spaces: 32 Units

STRATEGIC LOCATION

The Sugar Residence Wismar boasts a central position just minutes away from the historical city center, skillfully combining the benefits of urban accessibility with the tranquility of a maritime environment. The carefully restored, historical building fabric and the well-maintained surroundings project an inviting atmosphere that immediately conveys a sense of well-being and home.

The proximity to the Baltic Sea (Ostsee) and the surrounding green spaces offers ample opportunities for walks, bicycle tours, and relaxing hours by the water. The close access to historical landmarks, including the Old Town, the harbor, and the historical churches, reinforces the sense of being part of a traditionally rich and culturally significant location.

The Zuckerresidenz Wismar exudes a unique charm, fusing the history of this Hanseatic city with contemporary residential comfort. It is more than just a place to live; it holds the potential to become a true home. This is a rare jewel that successfully merges modern living standards with historical value. Residing here means arriving in an environment that provides both serenity and inspiration.

THE FORMER SUGAR FACTORY

The former sugar factory, whose administrative building now houses the Sugar Residence, stands as a testament to Wismar's industrial heritage. Built around 1900, the structure played a significant role in the region's historical sugar production, underscoring the deep-rooted historical significance of the investment property.

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