Residence for sale - Geel RBS38098

This unique property located at Markt 30 in Geel offers a rare combination of commercial and residential spaces. Priced at €279,000, the building consists of a spacious ground floor commercial area of 80m², currently set up as a fully equipped restaurant. It includes a functional kitchen and necessary sanitary facilities, with an expansive basement ideal for additional storage. This property's central location on Geel's bustling market square ensures easy access to shops, public transport, restaurants, and schools, making it a highly desirable area for both business and living. Above the commercial space, the first and second floors house a generous apartment featuring five bedrooms, a living area, a kitchen, and a bathroom. With a total living area of 276 m², the structure provides ample space for a large family or rental opportunities. The property is currently leased to a thriving business, generating an impressive rental income of €1,700 per month, offering an exceptional return on investment from day one. Built in 1946, the building's eastern-facing dual-frontage ensures plenty of natural light throughout the day. Despite its age, it benefits from gas heating, which provides efficient energy use. The property does not include modern amenities such as air conditioning or elevators, which should be considered by potential buyers. Additionally, the renovation obligation for small non-residential buildings applies to this property. For more information or to schedule a viewing, interested parties should contact Contact or call Tel 014/72 73 74 .

* This text was generated using an artificial intelligence.

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