This commercial building for sale in Kortrijk, located at Papenstraat 34-36, presents a unique investment opportunity priced at €430,000. The property, built in 1875 and requiring renovation, combines a commercial space on the ground floor with two fully renovated apartments on the upper floors. With a total of six bedrooms and two bathrooms, plus three toilets across the building, it offers considerable versatility for mixed-use purposes. The commercial area features a large display window suitable for office, practice, or retail use, providing significant potential for future business development. The property includes essential utilities such as gas heating, and certifications including an electrical installation certificate are available. Set on a 200 m² plot with an equivalent buildable surface, this building benefits from all necessary connections including gas, electricity, and water. The energy performance rating is 262 kWh/m²/year, with a CO2 emission figure of 5954. Though the property is currently unoccupied and without a lift, it is ready for occupation upon deed transfer. It is not located in a flood risk zone nor subject to pre-emption rights. With a cadastral income of €3,130 and no VAT applicable, it represents an attractive proposition for investors or entrepreneurs seeking a multi-functional property in Kortrijk. Situated near the vibrant Lys riverbanks, the location offers both commercial appeal and residential desirability within the city of Kortrijk. This combination ensures stable rental income from the two apartments alongside commercial potential on the ground floor. The property is ideal for those looking to capitalize on Kortrijk’s dynamic urban environment while benefiting from a quiet street setting. For further information or to arrange a visit, prospective buyers are encouraged to contact Immo Beguin, a trusted real estate expert with extensive local presence since 2009.
* This text was generated using an artificial intelligence.