Commercial for sale in Antwerp

Amid the famous Antwerp boulevards, an impressive architectural masterpiece in Beaux-Arts style awaits a new owner. Designed around 1900 by the Antwerp architect Frans Stuyck, the property was given the name “Hotel Neefs.”

The imposing façade only reveals a glimpse of its splendour, with beautiful authentic elements including a wrought-iron carriage gate, neo-Regency balcony, three-sided bay window and refined ornamental details. These elements already set the tone for what lies hidden within the rest of Hotel Neefs.

Entering the first space feels like stepping into a museum. The characteristic red marble floor and richly sculpted oak staircase, featuring reused accents and influences from the Régence and Rococo styles, immediately highlight the stately character of the property. Above all, the true showpiece consists of the remarkable wall and ceiling paintings themed “The Hours and the Four Seasons” by Emile Vloors, known for his ceiling paintings in the Flemish Opera.

Today, the building houses five separate units currently used as offices, comprising a total of 18 rooms ranging from 15 m² to 81 m², each equipped with its own sanitary facilities and kitchenette. Thanks to its versatile layout, the possibilities remain virtually endless: an art gallery, antique shop, boutique, professional practice, studio, music or dance studio, and more.

Some properties simply cannot be confined to a single category.

Currently, two offices are rented for €4,962.50 per month, generating €59,550.00 annually. In addition, the tenants pay €22,717.00 per year in charges.

Pro forma rental income for the entire building including parking spaces amounts to €15,000.00 per month (€180,000.00 annually), resulting in a yield of 4.40%.

The aforementioned asking price concerns the acquisition of the company. The real estate itself can, if desired, be purchased separately for €4,700,000.00.

Technical information:

The building is fully basemented and equipped with an elevator.

Urban planning information and soil certificate available. The property is asbestos-safe (but not asbestos-free). It is not located in a flood-risk zone (P- and G-score A). The renovation obligation does not apply, as the property is included in the inventory of architectural heritage.