Discover a prime investment opportunity with this exceptional commercial building located in the heart of Izegem. Priced at €900,000, this property presents a compelling prospect for investors seeking a versatile and spacious asset. Situated at Marktstraat 30-32, this building encompasses a generous total surface area of 1,242 square meters, offering ample space for various commercial uses. The property is currently vacant and exceptionally well-maintained, with an excellent state of preservation, making it an attractive purchase for those looking to capitalize on a strategic location. It is important to note that the property is not currently rented, providing an excellent blank slate for new ownership to develop or lease as desired. This commercial building features an open-plan layout with large glass storefronts, ensuring outstanding visibility and natural light—key factors for retail or service-oriented businesses. The presence of a kitchen and sanitary facilities enhances its functionality, making it suitable for many types of commercial ventures. The building benefits from essential utilities, including gas, electricity, and water connections, ensuring full operational readiness. The property’s location within Izegem’s vibrant center guarantees high foot traffic and accessibility, which are crucial advantages for commercial success. Additionally, the building’s zoning as a residential area allows for potential redevelopment or conversion, subject to local regulations, further increasing its appeal as an investment. Investors should be aware of the potential need for renovation, as the property may be subject to Vlaamse government renovation obligations applicable to non-residential buildings. For detailed information on these regulations, interested parties are encouraged to consult the Vlaamse Energie- en Klimaatagentschap website. The building offers an annual rental income of €4,873, providing immediate cash flow potential for the new owner. With no VAT applicable, the purchase process is streamlined, and the property’s legal certificates remain valid until August 28, 2028. The site benefits from well-established infrastructure, including gas, electric, and water services, and is situated in a non-flood-prone area, ensuring safety and stability. Contact PANORAMA B2B today for further details, plans, or a non-binding visit to explore this outstanding commercial property in Izegem—an ideal addition to any investment portfolio seeking durability and growth potential.
* This text was generated using an artificial intelligence.
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