Commercial building for sale - Hoogstraten RBU72723

Discover a unique investment opportunity with this commercial building located in the heart of Hoogstraten on Vrijheid 7. Priced at €255,000, this property presents a versatile blank canvas for renovation, redevelopment, or new construction. Situated in the bustling center of Hoogstraten, a vibrant town known for its lively shopping streets and strong community presence, this building benefits from an exceptional location surrounded by a variety of shops, cafes, schools, and other essential amenities. The area is highly accessible due to excellent public transportation connections and proximity to major routes, including the E19 highway leading toward Antwerp and Breda. Whether you aim to transform this property into a modern retail space, residential units, or mixed-use development, its central position offers significant potential for long-term value appreciation. The existing structure spans a total surface area of approximately 322 square meters on a generous plot of land, providing ample space for creative development. The building comprises a ground floor commercial unit facing the street, ideal for retail or service-oriented businesses, with a rear section suitable for various commercial or residential configurations. Inside, there are five bedrooms and one bathroom across the upper floors, indicating potential for conversion into residential apartments or office spaces, once appropriately renovated. The property is currently in a state requiring complete renovation; it has an EPC rating of F and needs extensive upgrades to meet modern standards. The heating system runs on oil (mazout), and the electrical installation is not compliant with current regulations—an essential consideration for any future development plans. Additionally, there is a connecting annex at the rear that links the main building to a sizable warehouse of approximately 210 square meters, offering additional flexibility for storage or commercial activities. This property's strategic location coupled with its substantial size and development potential makes it an attractive proposition for investors or developers seeking to create a bespoke project in Hoogstraten. Its zoning as a residential area aligns with possibilities for converting or redeveloping into living spaces, while the large adjoining warehouse provides opportunities for varied uses. The site is free from flood risks and is not subject to preemptive rights, simplifying planning processes. With no VAT applicable and a clear focus on renovation or reconstruction, this property invites serious inquiries for those looking to capitalize on an exceptional site with high growth potential. Contact us today to explore how this versatile building can be transformed into a profitable venture tailored to your vision.

* This text was generated using an artificial intelligence.

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