This investment property for sale is located at Diestsestraat 240-244 in Leuven, offered at a price of €4,350,000. This significant asset comprises nine residential apartments alongside a large commercial space spanning approximately 1,200 m². The building dates back to 1953 and covers a total land area of 823 m². It features four floors and is equipped with a lift, bicycle storage, and a basement area dedicated to utilities. The residential section benefits from good energy performance, with seven apartments rated EPC B and two rated EPC C. Apartment sizes range from around 48 m² to 165 m², with terraces available at the rear of the building. Currently, eight out of nine apartments are rented, offering an attractive combination of steady rental income and potential for further occupancy. The commercial space occupies roughly 800 m² on the ground floor and about 400 m² on the first floor, featuring spacious street-facing display windows that provide excellent visibility. Access to the upper commercial floor is via a wide staircase. This commercial unit will become available from October 1, 2026, presenting the new owner with options to renew leasing agreements or explore new commercial uses tailored to market demands. The building is connected to gas, electricity, and water networks, though it does not hold a valid certificate for its electrical installation. Classified as a residential area with cultural value, the property holds G and P scores of D and is situated in a potentially flood-sensitive zone without defined flood boundaries. Situated in the heart of Leuven, this property enjoys a prime location just one minute’s walk from Leuven station, ensuring excellent accessibility and prominence in a vibrant urban setting. Its unique mix of multiple apartments and an extensive commercial area offers versatility for investors seeking diversified real estate opportunities. Interested parties are encouraged to contact Immo-M for further details, including financial overviews, rental incomes, and to arrange viewings. This offering represents a substantial investment opportunity in a sought-after Belgian city with strong rental demand and excellent transport links.
* This text was generated using an artificial intelligence.