Vic-Fezensac, Midi-Pyrénées 32190

Located on the Vic-Fezensac town hall square, in the very heart of the town, this single-owner building develops a total area of approximately 472 m² and offers strong upgrading potential for a heritage project or rental investment. The ground floor houses a commercial space of 159 m², currently leased to a banking establishment. Fully renovated and impeccably maintained, it benefits from a reliable tenant in place, ensuring immediate revenue of 11,476 before tax per year, in addition to the reimbursement of the property tax. An independent street entrance provides access to the upper floors, offering an ideal separation between the commercial part and future residential spaces. The first and second floors come as large open-plan areas with many rooms, requiring a complete rehabilitation. The existing volumes, along with the remaining character elements such as antique parquet floors, exposed stone walls and high ceilings, will allow the creation of several charming apartments while preserving the building's authenticity. The framework and roof have already undergone renovation and are no longer original, representing a significant investment already made. The attic, accessible by a staircase, offers additional potential for developing habitable spaces, creating duplex units, or installing technical rooms. A garage of 11 m² completes the ensemble, providing a rare and sought-after asset in the city center. With its prime location, existing rental income and substantial development potential, this building constitutes an ideal opportunity for an investor looking to develop several residential units or carry out a value-enhancement operation through subdivision. This property is ideal for: - Benefiting from secure rental income thanks to the already leased commercial space - Creating several characterful apartments on the upper floors - Investing in a single-owner building in the heart of a dynamic Gers municipality