Investment property for sale - Elsene VBD18889

This exceptional investment opportunity located at Rue Franz Merjay 1 in Elsene offers a versatile property with significant potential for renovation and development. Priced at €720,000, this building is recognized urbanistically for both office use and commercial activities, making it a highly attractive option for investors seeking a property with multiple income streams or development possibilities. The property comprises two ground-floor commercial spaces of approximately 60 m² each, providing a solid commercial base, along with residential units spread across several floors. The first and second floors each contain a configuration of a kitchen, bathroom, and three bedrooms, while the third floor features a one-bedroom apartment complete with a living area, kitchen, and shower room. This layout offers considerable flexibility for conversion or rental purposes, appealing to those interested in both commercial and residential real estate in the vibrant Elsene area. The building's interior details highlight its adaptable nature. It is currently in need of renovation, making it an ideal project for investors or developers looking to add value through refurbishment. The property is not rented out at present, giving new owners the opportunity to customize and optimize its layout according to their preferences. It features three toilets, gas heating, and electrical connections, all standard elements that facilitate renovation and future occupancy. The property's structural status as a building designated for offices and retail spaces aligns well with current urban planning regulations, ensuring that any development or renovation work complies with local zoning laws. The absence of lift facilities and specific energy consumption figures are notable aspects to consider during planning. Elsene is a sought-after district known for its lively atmosphere, proximity to amenities, and excellent transport links. The area offers a mix of cultural attractions, shopping districts, and green spaces, making it an appealing location for tenants or future owners. Its strategic position near popular spots such as Le Châtelain adds to the property's desirability. Whether you are an investor looking to capitalize on its commercial potential or a developer eager to transform the space into a modern residence or mixed-use building, this property presents an exciting prospect. For further information or to arrange a visit, interested parties are encouraged to contact ALTA HOME at Tel 02.377.94.85 or visit their website. Don’t miss the chance to acquire this versatile building in one of Brussels' most dynamic neighborhoods—reach out today for your free property estimate and explore the possibilities.

* This text was generated using an artificial intelligence.

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