Discover a rare investment opportunity in the vibrant neighborhood of Sint-Jans-Molenbeek with this impressive property located at Rue Tazieaux 15-17. Priced at €690,000, this estate presents a versatile and expansive development potential, occupying a prominent position in an area renowned for its accessibility and cultural diversity. The property comprises three separate lots that, once renovated, can offer a mix of residential and commercial functionalities, making it highly attractive for investors or developers seeking to transform a substantial building into a profitable venture. The main building, fronting Rue Tazieaux, boasts approximately 340 square meters of gross surface area, laid out over three levels. On the first floor, there is a two-bedroom apartment of around 90 square meters, providing comfortable living space with natural light and practical layout. The upper levels feature a five-bedroom duplex with a mezzanine, covering roughly 190 square meters of habitable space, ideal for larger families or multi-generational living arrangements. On the ground floor, extensive office and workshop areas totaling about 197 square meters are complemented by an internal courtyard of approximately 30 square meters, further enhancing the property's commercial appeal. The first-floor ateliers measure around 85 square meters, adding to the flexible use of the space. All units are currently leased, contributing an estimated return on investment of approximately 5.4%, based on a 10.5-month rental period. Situated in the sought-after ‘’Etangs Noirs’’ district, this property benefits from excellent proximity to an array of amenities. Within walking distance, you’ll find numerous shops along the Chaussée de Gand and Étangs Noirs, as well as easy access to public transportation options including multiple metro stations, bus stops, and the Gare de l’Ouest. Educational institutions, cultural centers, and sports facilities are conveniently nearby, making this location highly desirable for tenants or future residents. The building’s energy characteristics include double-glazed windows and a gas heating system, with an energy consumption index of 436 kWh/m² per year and a CO2 emission of 93. The property requires renovation but offers significant scope for customization to meet modern standards or specific project visions. Whether as a long-term investment or a redevelopment project, this estate presents an exceptional opportunity in one of Brussels’ most dynamic areas. For further information or to arrange a viewing, please contact Pearl Immo at ### or via email at ### , referencing the code 86726064. This is an unmissable opportunity to acquire a substantial property with considerable development potential in Sint-Jans-Molenbeek—an area that continues to attract discerning investors and innovative entrepreneurs alike. Want to know more?
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