Mixed-use building for sale

805000€

575 square meters

Immoweb code : 20573010
Immoweb code : 20573010
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Overview

575 square meters livable space

Description

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.

General

Construction year 1906
Number of floors 3
Building condition To renovate
Number of frontages 2
Asbestos certificate is available Not specified

Interior

Living area 575 square meters

Energy

Primary energy consumption Not specified
Energy class F
This building is subject to a renovation obligation Yes
Reference number of the EPC report Not specified
CO₂ emission Not specified
Yearly theoretical total energy consumption Not specified
Inspection report of the electrical installation Not specified

Financial

Asked price excluding notary fees (excluding eventual registration fees)

Price 805000 €
Tenement building Yes
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About this agency : K-volution (507957)

K-volution (IPI 507957)

Address Rue Joseph Delhaye 14
1160 - Auderghem
Website http://www.kvolution.be
External reference 6643986

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