Discover a prime investment opportunity in Esch-sur-Alzette with this exclusive property located at 26, Rue de l'Alzette. Priced at €1,649,000, this historic building offers a remarkable blend of commercial and residential potential in a strategic central location renowned for its visibility and accessibility. The property is a rare find, combining a modern commercial space with versatile living accommodations, making it an attractive option for investors seeking both income and future development prospects. The ground floor features a spacious, contemporary commercial unit currently operated as a restaurant and wine bar, encompassing approximately 180 square meters. This area boasts a large reception area, a fully equipped kitchen, and ample storage space occupying the entire rear plot. Such a setup not only ensures smooth operational flow but also offers significant income-generating potential. Above, the building includes two separate apartments, each composed of two bedrooms, a living room, a kitchen, and a bathroom. These residential units provide additional rental income possibilities, contributing to a total monthly revenue of €7,500, with scope for notable increases. The attic space adds further value, presenting an opportunity for conversion into an auxiliary unit to optimize overall rental yield. Located at the heart of Esch-sur-Alzette, this property benefits from excellent connectivity and a vibrant urban environment. The strategic positioning within the main artery of the city ensures high foot traffic and visibility for the commercial space, while the inclusion of residential units offers long-term stability and income diversification for discerning investors. The building’s potential extends beyond current use; options such as vertical subdivision (condominiumization) and creating additional lots enhance its attractiveness as a multifaceted investment. With features like accessibility for people with reduced mobility and a gas heating system, this property combines functionality with future-proofing. Whether sought for immediate income or future developments, this property represents a unique opportunity in Esch-sur-Alzette’s dynamic real estate market. For further details or to schedule a viewing, contact us today to explore this exceptional investment.
* This text was generated using an artificial intelligence.
Open Immovlan