Discover a unique investment opportunity in Kortrijk with this commercial building for sale at Papenstraat 34-36, priced at €430,000. This versatile property offers a combination of commercial and residential spaces, making it an ideal prospect for investors or entrepreneurs seeking a mixed-use asset in a prime location. Built in 1875, the building requires renovation, offering a blank canvas to tailor the space to your needs. The total land area measures 200 m², which is fully buildable, providing potential for future development or adaptation. The property comprises six bedrooms and two bathrooms with shower cabins, along with three toilets, presenting generous accommodation possibilities across its floors. The ground floor features a commercial space with a large display window, perfectly suited for various business activities such as office use, medical practice, or retail. Gas heating is already installed, ensuring functional utilities for both commercial and residential parts. The upper floors contain two separate apartments that have been fully renovated and are ready to occupy or lease out immediately, combining steady residential income with the potential of the commercial unit. Utility connections for gas, electricity, and water are available on-site. Although there is no elevator, the spatial layout and number of rooms support a diverse range of uses and rental combinations. The property is not currently rented and will be available upon completion of the sale. Situated in Kortrijk’s city center with proximity to the scenic Lys riverbanks, this building benefits from an attractive urban setting that balances vibrancy and tranquility. The absence of flood risk designation adds to the security of your investment. With a cadastral income of €3,130 and certified electrical installations, this property offers both sound financial prospects and compliance with safety standards. For more information or to arrange a visit, do not hesitate to contact the listing agent. This rare blend of commercial potential and residential comfort in one asset is an opportunity worth exploring for those aiming to invest in Kortrijk’s dynamic real estate market.
* This text was generated using an artificial intelligence.
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