Investment property for sale - Lommel RBU37588

Discover a unique investment opportunity in the vibrant heart of Lommel with this exceptional property located at Kerkstraat 26. Priced at €595,000, this versatile estate combines commercial and residential elements, offering a compelling proposition for investors seeking a property with significant potential. The building, originally constructed in 1918, is situated on a spacious 608 m² plot and is currently in need of renovation, presenting a blank canvas for upgrading to meet modern standards. This property has not been leased out recently and is available immediately upon signing the deed, making it an attractive option for those looking to develop or enhance a prominent location within Lommel’s bustling center. The property comprises a former pharmacy retail space, which boasts a generous store area complemented by multiple storage rooms, sanitary facilities, and a charming garden that adds further flexibility to its use. The retail space benefits from excellent visibility and accessibility, situated on a prime street in Lommel’s commercial core. Above the commercial unit, there is a spacious duplex apartment with abundant natural light, featuring an equipped kitchen, a large living area, three bedrooms, and a bathroom. This layout offers a harmonious blend of business and residential accommodation, ideal for owners who want to generate rental income or create a multifunctional space tailored to their needs. The overall condition of the building is marked as "to be renovated," giving the new owner the opportunity to customize the interior while capitalizing on the property's strategic location. Lommel is known for its lively community and convenient amenities, making this property especially appealing for those seeking to combine work and living in a central location. The building is fitted with gas heating and water supply, with electrical installation certification pending renewal. Its southwest-facing façade ensures plenty of natural sunlight, enhancing the comfort of the upstairs residence. The site benefits from good infrastructure connections while remaining outside flood-prone zones, adding an extra layer of security for future planning. With its strong commercial positioning and residential potential, this property presents an excellent investment prospect. Whether you are looking to develop a boutique retail space combined with a comfortable home or seeking an adaptable property with rental income possibilities, this Lommel estate offers remarkable versatility. Contact us today to explore this promising opportunity and take the next step toward acquiring this exciting property.

* This text was generated using an artificial intelligence.

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