Multi-purpose building to buy

Allten offers you the opportunity to invest in a mixed-use residential and office site for sale in Forest, located on Avenue Reine Marie-Henriette, between Forest Park and Duden Park. This operation involves the sale of shares in a real estate company holding a fully leased property generating an annual rental income of EUR 131,000. The property comprises two interconnected buildings, constructed in 1980 for number 101 and in 1994 for number 102 by Editions Ciné Télé Revue. Located in a predominantly residential zone according to the PRAS (Regional Land Use Plan), the complex offers a total area of 1,254 m² on a plot of 2,340 m². The professional section spans the ground floor and first floor of number 101, offering 545 m² of office space with a garden, terrace, two indoor parking spaces equipped with a charging station, and an elevator. The residential component on the second and third floors includes two large duplex apartments. The first duplex, measuring 363 m², features four bedrooms, two bathrooms, a shower room, access via the entrance of number 101, an elevator, and two covered parking spaces. The second duplex, measuring 255 m², offers three bedrooms, a bathroom, and a marble shower room, with private access to number 102, a private elevator, and two covered parking spaces. The basement houses a cellar as well as four indoor parking spaces intended for the offices and the duplex at 101, supplemented by two outdoor spaces. Technically, the complex benefits from frames replaced in 2016, individual meters, two gas boilers installed in 2020 for the duplexes, and a heat pump for the office section. The elevator for number 101 was replaced in 2018, and for number 102 in 2020. Energy performance certificates (PEB) show C- and D+. Contact Allten today to receive the full dossier and arrange a visit.