Discover a remarkable investment opportunity in the heart of Beverst with this versatile property located at Korenstraat 23. Priced at €790,000, this expansive building offers a compelling blend of commercial and residential spaces, making it an ideal choice for investors seeking a diversified income stream. The property, built in 1991 and currently in need of renovation, presents a total surface area of 741 m² on a sizable plot. It comprises two commercial units and five spacious apartments, with six out of seven units presently leased, offering an attractive rental yield potential. The commercial spaces include a large 197 m² retail area with supporting facilities such as toilets, a kitchenette, and an outdoor terrace, alongside a secondary 47 m² commercial unit. The residential component consists of five apartments spread over multiple floors, featuring a variety of layouts that include multiple bedrooms, bathrooms, kitchens, and terraces, providing flexibility for various tenant profiles or future renovation plans. The property’s strategic location in the center of Beverst ensures excellent accessibility and convenience. All necessary amenities—shops, restaurants, public transportation—are within walking distance, enhancing its appeal to tenants and future owners alike. Parking is conveniently available behind the building, with 12 designated outdoor parking spaces, simplifying access for tenants and visitors. The surrounding environment is primarily residential, situated in a non-flood prone area within a designated woongebied (residential zone), making it suitable for long-term development or rental purposes. The building is equipped with gas heating and water, and meets basic energy standards with a primary energy consumption of 152 kWh/m² per year, although it currently lacks a complete electrical installation certificate. This investment property is offered in a condition that requires renovation, providing a blank canvas for customization based on market demands or personal vision. With immediate availability and no VAT charges applicable, this asset offers an excellent opportunity to capitalize on the Belgian property market. Whether you are an experienced investor or looking to expand your portfolio, this multi-unit building promises robust income potential coupled with a prime central location. For further information or to arrange a viewing, please contact the listing agency to explore how this exceptional property can meet your investment goals.
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