Overview
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 |
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Number of floors | 3 |
Building condition | To renovate |
Number of frontages | 2 |
Asbestos certificate is available | Not specified |
Interior
Living area | 575 square meters |
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Energy
Primary energy consumption | Not specified |
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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 € |
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Tenement building | Yes |
About this agency : K-volution (507957)
K-volution (IPI 507957)
Address |
Rue Joseph Delhaye 14
1160 - Auderghem |
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Website | http://www.kvolution.be |
External reference | 6643986 |