This investment property, ideally located in the heart of Coutances, in close proximity to shops, schools, and all amenities, offers generous living spaces across several levels. It presents a significant renovation potential and a rare opportunity for investors looking to develop a rental project or undertake a subdivision. Thanks to its layout, several development scenarios are possible: maintaining a commercial space on the ground floor, creating multiple apartments, shared accommodation, furnished rentals, or even complete conversion into a residential building (subject to administrative approvals). Key features: Four-story building; Full basement of approximately 78 m²; Former commercial space with a shop window; Private courtyard that could be converted into a terrace; Numerous subdivision possibilities; Sought-after city-center location; Interior layout Basement: Large cellar of approximately 78 m² offering ample storage space. Ground floor: Independent entrance leading to a former commercial space comprising a large room with a bar, a kitchen, men's and women's restrooms, and direct access to the rear courtyard, easily convertible into a pleasant terrace. First floor: A landing leads to four bedrooms, a shower room, and a toilet. This level offers excellent potential for conversion into a family apartment or several separate units. Second floor: Layout identical to the first floor with four bedrooms, a shower room, and a toilet, allowing for easy replication of the same layout. Third floor: An apartment comprising a beautiful living room with an unobstructed view of Coutances Cathedral, three bedrooms, a shower room, and a toilet. An attic completes this top level. Advantages: Prime location in the city center; Strong potential for appreciation; Possibility of creating several apartments; Commercial space with independent access; Courtyard that could be converted into a terrace; Full basement of 78 m²; View of Coutances Cathedral; Ideal configuration for a tax-deductible renovation project, unfurnished or furnished rental, or shared accommodation; Rare opportunity for a property developer or heritage investor. Price: €295,000 (seller's fees included). Energy Performance Certificates: EPC: C (138); GHG: D (44). The estimated annual energy costs for standard use are between €2,730 and €3,730. Average energy prices are indexed to 2021.