Commercial building for sale

Description

Description This commercial building for sale, located at Onze-Lieve-Vrouwstraat 17-21 in Beringen, offers an excellent investment opportunity priced at €1,100,000. The property comprises a total of five apartments and three commercial units, fully rented from day one, ensuring a stable income stream. The residential units include two one-bedroom apartments, two two-bedroom apartments, and one three-bedroom apartment, each equipped with its own kitchen and bathroom. On the ground floor are three commercial spaces currently utilized as a hair salon, office space, and coaching studio. This mix of residential and commercial leasing provides a diversified rental portfolio within a single property. The building generates a gross rental income of approximately €5,500 per month, equating to around €66,000 annually. Each apartment benefits from a private garage box, while an additional 14 parking spaces are available on site, most of which are also rented out, creating further revenue. The property is maintained in good general condition and presents potential for value enhancement through targeted renovations. Heating is provided via gas systems, and double glazing is installed throughout. It is important to note that the building does not have air conditioning, an alarm system, lift access, or facilities for disabled persons. There are no balconies present. From a regulatory perspective, the property is not situated in a flood zone, nor is it protected under any heritage or environmental designation. Situated in the heart of Beringen city center, this building benefits from proximity to local shops, restaurants, schools, and public transport options, with good access to the nearby highway network. The ongoing strong demand for rental properties in this area supports the sustainable rental income performance of the investment. The sale will be conducted through the transfer of shares of the company holding the real estate asset, offering advantageous opportunities for investors looking for immediate returns combined with future growth potential. For more information or to arrange a viewing, please contact the agent directly at Tel 011 255 155 . * This text was generated using an artificial intelligence. Show all Show less