Investment property for sale - Genk RBS69299

This investment property, located on the newly renovated Evence Coppéelaan in Genk, offers a unique opportunity for both commercial and residential use. The property is strategically positioned within walking distance of the city center and C-mine, making it an attractive location for potential business or residential tenants. The entire building, constructed in 1959, features modern updates such as newly installed high-efficiency double-glazed windows in 2022, ensuring energy efficiency and comfort. The ground floor of the property spans 125 m² and is currently set up as a commercial space with a bar, kitchen, storage room, and two toilets, accompanied by a cellar and a terrace. This area is versatile and could be transformed into a second residential unit, contingent upon approval for a change of use. The existing apartment on the upper level is accessed via a separate entrance on the ground floor and includes a hallway with stairs leading to a living room, kitchen with essential appliances, two bedrooms, a bathroom, and additional storage space. It is currently rented at €850 per month, providing immediate income potential. Covering a total plot size of 859 m², the property offers essential utilities including gas, electricity, and water connections. While there is a renovation obligation on both units, it is anticipated that investing in roof improvements will be adequate to fulfill this requirement. This property is available for €525,000 and presents an excellent opportunity for investors looking to capitalize on Genk's vibrant location with potential for further development or personal business ventures. For more information or to schedule a viewing during the open house on Saturday, March 15th from 14:00 - 15:00, please contact our office.

* This text was generated using an artificial intelligence.

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