Multi-purpose building - for sale - 1000 Bruxelles

In the heart of the historic Sablon district, near the imposing Belgian Palace of Justice, explore a set of three residential units overlooking a commercial space. These residential units are for sale with a permit allowing the creation of three studios.

This building presents a unique investment opportunity, with a projected yield between 5% and 6% net return.

The distribution of the units is as follows:

• Ground floor: a commercial space, currently occupied and retained by the owners.
• 1st floor: a 43 m² apartment.
• 2nd floor and 3rd floor: a 72 m² apartment. 

The flexibility offered by these units allows for individual leasing of the three spaces or leasing of the first-floor unit and the creation of a shared living arrangement with a duplex on the 2nd and 3rd floors.

The building is sold with a permit to convert a single-family home with a business into a restaurant and two residences.

Estimated renovation costs are 160,000 euros. The projected yield is 5.5%, based on a potential monthly income of 2,500 euros