Discover a remarkable investment opportunity in the vibrant city of Oostende with this versatile property listed at €850,000. This unique estate comprises three substantial residential units, a commercial retail space, and a fully equipped bakery, all situated on the prominent Zandvoordestraat 45-51. Spanning a total land area of 400 square meters, this property offers an excellent blend of residential and commercial potential in a prime location. The retail space at the corner provides excellent visibility and accessibility, while the extensive bakery facilities—approximately 200 square meters—are equipped with warm and cold sections, large refrigeration and freezing chambers, ample storage, and two sizable delivery doors, making it an ideal setup for bakery or catering businesses. The residential component includes three distinct living entities designed for flexibility and growth. The first is a spacious apartment situated above the shop, featuring four generously sized bedrooms, a dressing room, a large bathroom, a hobby room, and two roof terraces—currently not rented, offering immediate occupancy or rental potential. The second is a triplex apartment with five bedrooms, presently leased, which provides steady rental income. The third unit is a duplex with three bedrooms, also currently rented, further enhancing the property's income-generating capacity. Constructed in 1950, the building benefits from gas heating and double-glazed windows, ensuring comfort and efficiency. The property is immediately available for occupancy or leasing, making it an attractive option for investors seeking immediate returns. Its structure and layout allow for diverse uses and possible future development, depending on the owner's vision. Located within Oostende’s dynamic environment, this property benefits from excellent connectivity and proximity to local amenities. Known for its lively coastal atmosphere, Oostende offers a mix of leisure, commerce, and cultural activities that attract residents and visitors alike. This asset combines residential comfort with commercial vitality—an ideal choice for investors looking to diversify their portfolio in a sought-after Belgian seaside city. With no ongoing charges or special certifications needed beyond the standard energy efficiency certificate (EPC: 152 kWh/m²/year), this estate presents a compelling opportunity to acquire a multi-faceted real estate asset with proven income streams and significant growth potential. Contact us today to explore the possibilities this exceptional property has to offer.
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