Mixed-use building for sale

OSTEND – INVESTMENT OPPORTUNITY! Beautiful real estate ensemble consisting of a commercial building on Adolf Buylstraat, the main shopping street of Ostend, and a rear house with 4 flats to renovate, located on Sint-Sebastiaansstraat, a quiet non-commercial street. Both buildings are on adjacent plots, allowing the creation of an independent entrance to the upper floors of the commercial building without passing through the shop space. Ground floor commercial unit in excellent condition, compliant electrical installation, ready to be rented immediately. Roof in good condition on both buildings. Classified property. Immediate 5% return with a potential rental income of €3,500 to €4,000/month for the commercial space alone. The rear house already has 4 residential units, with an additional unit above the commercial space, and there is potential to create more residential units subject to permits. Adolf Buylstraat 34 + Sint-Sebastiaansstraat 31 (must be sold together) – Price: €805,000. Option to purchase only the commercial building for €495,000. Visits by appointment at 0477/9671856. Asbestos certificate and EPC in progress.