Investment property for sale - Mechelen RBU17264

Discover this exceptional investment opportunity located in the vibrant heart of Mechelen, on Steenweg 42. Priced at €960,000, this property presents a versatile mix of commercial and residential spaces, ideal for investors seeking a prominent location with strong rental income potential. The building spans a total surface area of 297 m² on a plot of 56 meters deep, featuring two facades with west-facing exposure. Its strategic positioning near the iconic Sint-Rombautstoren, the bustling Grote Markt, and the popular Ijzerleen shopping street ensures high visibility and foot traffic, making it a prime spot for various commercial activities. Currently fully rented to a retail tenant at €3,750 per month, with a lease starting on October 1, 2024, this property offers immediate income and attractive growth prospects. The ground floor boasts a spacious commercial area of approximately 135 m², offering numerous possibilities for development or adaptation to specific business needs. An internal staircase leads to the first floor covering 89 m², inclusive of a 23 m² studio presently used as an office, which provides additional space or potential for conversion into residential units. From this studio, access is granted to a duplex apartment of about 112 m² (split between 89 m² and 24 m²), which remains unrefinished but holds significant potential for further development or customization. The building includes practical amenities such as a rear kitchen and sanitary facilities, along with a cellar for extra storage space. Modern heating is provided via gas, and essential connections for electricity and water are in place. The property benefits from two facades, allowing ample natural light and airflow, and is situated in a designated cultural heritage area with no immediate flood risk. Located in a dynamic urban environment, this property not only offers immediate rental income but also provides an excellent foundation for future expansion or redevelopment. Its proximity to key attractions and infrastructure ensures continued appeal to tenants and visitors alike. The building is immediately available for occupancy or further investment. For those seeking a strategic asset in Mechelen’s thriving real estate market, this property combines location, versatility, and income-generating potential. Contact us today to arrange a viewing or to obtain more detailed information—this is an opportunity that should not be missed for savvy investors looking to secure a foothold in one of Belgium’s most dynamic cities.

* This text was generated using an artificial intelligence.

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