Discover a remarkable investment opportunity located in the vibrant city of Oostende, with this versatile property offered at €850,000. Situated at Zandvoordestraat 45 - 51, this unique complex encompasses three substantial residential units, a commercial shop, and a fully equipped bakery, all nestled on a generous 400 m² plot. This property is an excellent choice for investors seeking multiple income streams or those looking to develop a dynamic mixed-use site in a thriving coastal city. The carefully integrated layout combines retail and residential elements, creating a seamless blend of commercial potential and living spaces, with immediate availability allowing for swift occupancy or rental arrangements. The property features three distinct residential units, each offering spacious accommodation and flexible usage options. The first is a large apartment situated above the shop, boasting four sizable bedrooms, a dressing area, a luxurious bathroom, a hobby room, and two rooftop terraces—perfect for enjoying outdoor space in the seaside ambiance of Oostende. The second unit is a triplex apartment with five bedrooms, currently rented out, providing an immediate income opportunity. The third residence is a duplex with three bedrooms, also rented, further enhancing the property's rental appeal. The commercial component includes a store on the corner of the property, complemented by a well-equipped bakery measuring approximately 200 m², featuring separate warm and cold areas, large refrigeration and freezing chambers, ample storage, and two sizable delivery doors. The entire site exemplifies practicality and versatility, making it an intriguing investment with numerous possibilities for expansion or customization. Located in Oostende, this property benefits from its proximity to the vibrant Belgian coast, known for its lively atmosphere, tourist appeal, and excellent connectivity. Built in 1950, the building is in good condition and immediately ready for new occupants or tenants. The property is heated via gas, with double-glazed windows ensuring thermal efficiency. It does not include amenities such as air conditioning or an elevator but offers ample space across three floors with no restrictions on flood risk or protected status. This comprehensive package combines residential comfort with commercial prowess, making it ideal for investors or entrepreneurs eager to capitalize on Oostende's dynamic environment. For more details or to arrange a viewing, contact us today and explore the potential of this exceptional investment property.
* This text was generated using an artificial intelligence.
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