Investment building in Luxembourg-Merl
€1,380,000Discover the interest generated by this listing and the average price per m² in this area
Description
Mixed-Use Building in Luxembourg Property Type: Mixed-use building (commercial + residential) Total Area: Approximately 280 m² Layout: Distributed over 3 levels Ground Floor Commercial Space ± 130 m² Renovated commercial unit Previously operated as a restaurant Currently vacant Excellent street visibility Direct access from outside Ready for a new business activity Suitable for: Restaurant / Horeca business Local retail shop Offices Medical or paramedical practice Professional services First Floor Residential Area ± 100 m² Spacious and bright apartment Functional layout Suitable as a traditional residence Potential conversion into a shared accommodation (3 to 4 bedrooms) Strong rental demand in the Merl district Attic ± 50 m² Convertible Space High-potential area Can be converted into: Independent studio Extension of the apartment Office space Storage area Possible Investment Scenarios Rented commercial unit + residential apartment Commercial unit + furnished shared accommodation Commercial unit + two separate residential units Mixed-use owner-occupied property Estimated Return Estimated gross yield between 4.5% and 6%, depending on the operating strategy. Key Features Prime location in Merl Rare mixed-use property Vacant and versatile commercial space Strong potential for optimization Diversified rental income opportunities Ideal for investors or self-employed professionals Contact & Viewings Ilias Vissitovitch *** Yacine Bouabdellah ***
Ref atHome 9307326
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