Discover a prime investment opportunity in the vibrant heart of Esch-sur-Alzette with this exceptional commercial and residential property. Located at 48 rue de l'Alzette, this well-positioned building offers a compelling blend of commercial space and residential apartments, making it a versatile choice for investors seeking both income generation and development potential. The property is offered at €1,250,000, with no VAT applicable, presenting a straightforward investment with promising prospects. It comprises a commercial ground floor area of approximately 101.19 square meters in excellent condition, ideal for retail, office, or other commercial activities. The building’s strategic location in a "premium" area ensures high visibility and foot traffic, further enhancing its attractiveness for tenants or commercial operations. Above the commercial space, the property features two residential apartments spread over two floors that require renovation, offering substantial potential for customization and value addition. The first-floor apartment approximates 64 square meters and benefits from a rear terrace, providing outdoor living space that adds to its appeal. The second-floor apartment, also around 64 square meters, presents an opportunity for extension into the attic space, allowing for increased living area or creative reconfiguration. The building’s infrastructure has been maintained with notable updates such as a roof renovated in 2000 and a recent gas boiler, ensuring reliability and efficiency. Additional amenities include cellars and a technical room, although there is no parking available on-site. Situated in Esch-sur-Alzette—the second-largest city in Luxembourg—this property benefits from a dynamic urban environment with excellent connectivity and amenities. The area combines commercial vitality with residential comfort, making it suitable for an investment portfolio aimed at stable rental income or future redevelopment. With its strategic location and flexible layout, this property offers a wealth of possibilities for investors seeking to capitalize on the growing demand in Esch-sur-Alzette. For those interested in exploring this unique opportunity further, professional contact is available through Serge Cahen at Mabro Immobilier. Don't miss the chance to acquire a versatile asset in one of Luxembourg’s most promising regions—reach out today to discuss how this property can fit into your investment strategy.
* This text was generated using an artificial intelligence.
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