Commercial property with EKZ I zoning and ongoing rental income

In a sought-after location in the Klagenfurt district of Feschnig, this versatile commercial property with EKZ I zoning is offered for sale. The combination of existing rental income, generous retail spaces and further development potential makes this property particularly interesting for investors, property holders and project developers.

Property data

• Total usable area: approx. 1,347.69 m²
• Sales area: approx. 791.76 m²
• Office space: approx. 501.67 m²
• Year of construction: approx. 1978
• Purchase price: € 1.4 million plus 20% VAT.

Inventory & rental situation

The property is divided into several units:

• Generous commercial space (former supermarket branch)
• approx. 791 m² sales area, currently vacant – ideal for new letting or repositioning.
• Adjacent to this is an associated storage area, providing optimal conditions for retail or service businesses.
• Tobacco shop (rented)
• An established unit with existing tenancy and ongoing income.
• Office space on the 1st floor (rented)
• The office space is rented and provides stable, ongoing returns.

Income potential & yield

With full letting of the entire property, an attractive annual rental income potential of around € 110,000 p.a. is achieved.

This corresponds to a gross yield of approx. 7.9% and underlines the economic attractiveness of this investment.

The current partial vacancy offers additional value appreciation and development potential, especially through the new letting of the generous retail space.

Zoning & development potential (EKZ I)

The EKZ I zoning (shopping center I) allows the establishment of large-scale retail and thus offers exceptional development opportunities.

Possible uses: e.g. retail, specialist stores, services, health services (e.g. medical center near the hospital)

This zoning is rare due to restrictive spatial planning requirements and represents a sustainable competitive advantage.

Location & site quality

The property is located in the popular Feschnig district in the north of Klagenfurt and impresses with its very good infrastructural connections.

Proximity to Klagenfurt Hospital

Good accessibility as well as quick connection to the city center

High visibility and good accessibility for customers and suppliers

The combination of established residential location and economic infrastructure makes the location particularly attractive for retail and service businesses.

Parking spaces & infrastructure

• Outdoor parking spaces: available in front of the property
• Delivery options: available

Investment highlights

• EKZ I zoning (rare & in high demand)
• Partially rented with ongoing income
• Large, flexibly usable retail space (former supermarket)
• Additional storage areas available
• Development potential due to vacancy
• Attractive location near the hospital
• Good third-party usability

Other

An energy certificate is available.

The broker acts as a dual broker.

The agent acts as a dual broker.

Infrastructure / distances

• Health
  • Doctor <500m
  • Pharmacy <500m
  • Hospital <1,000m
  • Clinic <500m
• Children & schools
  • School <500m
  • Kindergarten <1,000m
  • University <1,500m
  • Higher school <2,500m
• Local amenities
  • Supermarket <500m
  • Bakery <500m
  • Shopping center <1,500m
• Other
  • Bank <500m
  • ATM <500m
  • Post office <1,000m
  • Police <1,500m
• Transport
  • Bus <500m
  • Highway access <2,500m
  • Train station <2,000m
  • Airport <3,000m

Distance information as the crow flies / Source: OpenStreetMap