Commercial Property in Tienen – ±7% Yield & Future Potential

Description

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 €289,000 (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.