Mixed building for sale

Description

Description This mixed-use building for sale is located at Rue Royale 3 in the city of Spa, offered at a price of 275,000 €. Comprising a retail space and two duplex apartments, this property presents a unique investment opportunity in the heart of Spa’s city center. The total living area amounts to approximately 154 m² spread over four floors, with the ground floor dedicated to a commercial space of 43 m² currently rented, featuring a counter area, tasting space, storage and washing facilities, as well as a separate WC. The building also includes a basement cellar and offers independent access to the apartments upstairs, which enhances privacy and functionality for tenants or owners. The first duplex apartment covers 54 m² and consists of a living room and equipped kitchen on the first floor, with a mezzanine storage area. The second floor houses a bedroom and a shower room with shower, WC, sink, and space for a washing machine. The second duplex is larger at 68 m², with a living room and open-plan kitchen plus WC on the third floor, mezzanine storage beneath, and on the fourth floor, a night hall, two bedrooms, and a bathroom equipped with a bathtub and sink. Both apartments benefit from individual gas boilers for heating and hot water production, while the commercial space uses an air-to-air heat pump and electric boiler. The building’s windows are PVC double-glazed, contributing to its energy efficiency. According to energy performance certificates (EPC), the first duplex holds a class C rating with 204 kWh/m² per year, while the second duplex is rated class E. Situated on an 85 m² plot with two facades facing north, this four-story building is urbanistically compliant and stands out for its excellent commercial visibility in Spa’s city center. Its current rental status includes the ground floor shop as an active income source, with a prudent estimated monthly rental income of 2,130 €, consisting of 900 € from the commercial space, 580 € from the first duplex, and 650 € from the second. The property requires renovation but offers a notable return on investment estimated at 6.8%. With no lift installed and featuring three bedrooms across the two apartments along with one bathroom and one shower room, this building presents a versatile opportunity for investors or owner-occupiers seeking both residential and commercial potential in Spa. For more detailed information or to arrange a viewing, please contact us directly. * This text was generated using an artificial intelligence. Show all Show less