Discover a unique investment opportunity in the heart of Lommel with this versatile property located at Kerkstraat 26. Priced at €595,000, this property seamlessly combines commercial and residential elements, making it ideal for investors seeking a high-potential asset. The building, constructed in 1918 and requiring renovation, features a commercial space that was previously used as a pharmacy, offering excellent visibility and accessibility in an prime central location. The spacious retail area is complemented by various storage rooms, restroom facilities, and a charming garden that adds to its appeal. Above the commercial unit, there is a bright and generously proportioned duplex apartment that includes an equipped kitchen, a large living area, three bedrooms, and a bathroom. This combination of a strong commercial presence with comfortable living spaces makes this property particularly attractive for those looking to generate rental income or develop a multifunctional estate. Situated on a sizable plot of 608 m² with two facades, the property benefits from a south-west orientation, ensuring ample natural light throughout the day. The building is connected to essential utilities including gas, electricity, and water, and features central heating via gas. Although the property is in need of renovation, it offers significant potential for customization to meet modern standards, especially given its strategic location in Lommel’s bustling town center. The building's EPC rating is E, with a certification valid until 2035, and while the electrical installation currently does not meet certification standards, this presents an opportunity for modernization. The property is available for possession upon deed transfer and is currently not rented, allowing immediate investment or development. This property offers numerous possibilities for expansion or redevelopment, given its prime location and substantial land area. Its close proximity to local amenities, shops, and services enhances its appeal for future tenants or owners. With its combination of commercial and residential space, along with the potential to tailor renovations to specific needs, this estate presents an excellent opportunity for investors looking for a high-yield asset in Lommel. Contact us today to schedule a viewing or to learn more about this exceptional investment property—an opportunity not to be missed for those seeking a profitable addition to their real estate portfolio.
* This text was generated using an artificial intelligence.
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