Mixed-use building for sale

1250000€

3 bedrooms 385 square meters

Immoweb code : 21969252
Immoweb code : 21969252

Overview

3 bedrooms
3 bathrooms
385 square meters livable space
113 square meters of land

Description

Mixed-use property with a restaurant + 3 studio yield 5.76%

MIXED-USE INVESTMENT PROPERTY WITH HORECA COMMERCIAL UNIT – 3 RESIDENTIAL UNITS – DEVELOPMENT POTENTIAL!
Located in a sought-after area of Ixelles, close to shops, public transport and all main amenities, this mixed-use investment property represents an excellent investment opportunity, combining immediate rental income, stable occupancy and future capital appreciation potential.
Offering an advertised total surface area of approximately 385 m², the property currently generates €6,000 in monthly rental income, equivalent to €72,000 per year, representing a gross rental yield of 5.76% based on the asking price.

PROPERTY LAYOUT

Basement:
• Meter room
• Two cellars
• Cold storage room
• Storage room
Mezzanine level:
• Professional kitchen dedicated to the HORECA business.
Ground-floor commercial premises:
• Commercial surface area of approximately 113 m².
• HORECA business successfully operating for 40 years.
• Monthly rent: €3,500.
• The commercial tenant pays 75% of the property’s annual property tax.
Upper floors:
Three independent studio apartments:
• Studio 1: approx. 60 m².
• Studio 2: approx. 60 m².
• Studio 3: approx. 50 m².
Rental income from the residential units: €2,500/month.
TECHNICAL FEATURES
• Building constructed in 1900.
• Good overall condition.
• Double-glazed windows.
• Individual gas-fired boilers.
• Mixed commercial and residential use.
ADDITIONAL DEVELOPMENT POTENTIAL
The property benefits from an undeveloped gap between buildings, offering the possibility of creating two additional studio apartments, subject to obtaining the necessary urban planning permits.
An attractive prospect for investors looking to further optimise their property portfolio and increase rental income in the future.
CURRENT RENTAL INCOME
• HORECA commercial unit: €3,500/month.
• Three studio apartments: €2,500/month.
• Total monthly rental income: €6,000.
• Total annual rental income: €72,000.
• Gross rental yield: 5.76%.

ACQUISITION STRUCTURE: A share deal acquisition may be considered, subject to due diligence and agreement between the parties.
ASKING PRICE: €1,250,000
An attractive property investment combining established rental income, diversified revenue streams and additional development potential.
For further information or to arrange a viewing, please contact Larockimmo.

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