Overview
Description
Commercial Property in Tienen – ±7% Yield & Future Potential
Invest in this historic commercial building with a 9 m wide storefront and a stable boutique tenant paying €1,753/month, providing a gross yield of approximately 7% on the asking price of €299,000 (including purchase costs ±6.2%). The upper floors can be converted into a separate apartment or studio for additional rental income. For entrepreneurs, the property offers future potential: after the current lease would not be extended in 2028, they can set up their own shop and optionally live above or rent it out. Until then, the buyer enjoys stable rental income. The ground floor is fully arranged as a retail space with a beautiful parquet floor and a rear kitchen, ideal for a visible shop or boutique. The property features aluminium windows (2000) and a new gas boiler (2024). Digital meter installed; electricity to be inspected. Located on Leuvensestraat near the Grote Markt, this is a busy central location with high foot traffic. A unique opportunity to combine a historic property with stable income, extra rental potential, and future live/work possibilities, perfect for both investors and forward-thinking entrepreneurs. Renovation necesarry. For visits and information, contact info@century21skyline or via the listing.
| Construction year | 1850 |
|---|---|
| Building condition | To renovate |
| Immovable heritage | Not specified |
| Number of frontages | 2 |
| Surroundings type | Urban |
| Virtual visit |
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| Asbestos certificate is available | Yes |
| Usable floor area | 198 square meters |
|---|---|
| Bedrooms | 3 |
| Bathrooms | 1 |
| Toilets | 2 |
| Professional space surface | 70 square meters |
| Professional space | Yes |
| Basement | Yes |
| Attic | Yes |
| Furnished | No |
| Surface of the plot | 70 square meters |
|---|---|
| Connection to sewer network | Connected |
| Gas, water & electricity | Yes |
| Elevator | No |
|---|---|
| Intercom | No |
| TV cable | Yes |
| Visio phone | No |
| Primary energy consumption | 362 kilowatt hour per square meters |
|---|---|
| EPC/EPC label | D |
| Renovation works mandatory | No |
| Unique code EPB certificate | 20260312-0003817876-RES-1 |
| CO₂ emission | Not specified |
| Yearly theoretical total energy consumption | Not specified |
| Valid electricity inspection certificate | No |
| As built plan | Yes, conform |
| Summons: No judicial remedy or administrative measure imposed | Not specified |
|
Flemish register of measures consulted
|
Not specified |
| Valid flood certificate | Not specified |
| Heating type | Gas |
| Double glazing | Yes |
| Building permit | Yes |
|---|---|
| Cadastral Plan | Not specified |
| Right of first refusal for the tenant | Not specified |
| Allotment permit | No |
| Preemption right | No |
| Proceedings for breach of planning regulations | No |
| Most recent urban development zoning | Not specified |
|
P-score
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D
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G-score
|
D
|
| Latest land use designation | Residential area with cultural historical aesthetic value |
Asked price excluding notary fees (excluding eventual registration fees)
| Price | 299000 € |
|---|---|
| Cadastral income | 1762 € |
| Tenement building | Yes |
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CENTURY 21 Skyline (IPI 207465)
| Address |
Tiensesteenweg 93
3010 - Kessel-Lo |
|---|---|
| External reference | 7561959 |