Rented Retail Space in Historic Building | 5.12% Yield

Investment property in a stylish Vienna old building in the 3rd district

For sale is a leased commercial space of approximately 48,54 m² in an attractive location of the popular 3rd Viennese municipal district – in a comprehensively renovated old building with a representative character.

The well-kept rental house impresses with an inviting entrance, elevator, expanded attic, and numerous classical historic details such as stucco elements, decorative railings, historic tiles in the common areas, and high, representative rooms.

The commercial space is currently used as a fitness-/box studio and is leased long-term.

Key data

• Net floor area: ca. 48,54 m²
• Current use: Fitness-/Boxstudio
• Fixed-term lease until 31.12.2035
• Waiver of termination until 31.12.2026
• Monthly rent: EUR 1.428,65
• Net rent income: EUR 29,43/m²
• Purchase price: EUR 335.000,-
• Yield: ca. 5,12 %

The tenancy agreement can be forwarded on request. A new floor plan is currently being prepared and will be provided later – attached is a sketch.

Location:

The commercial space is in an excellent location in the popular 3rd Viennese municipal district – directly on the busy Rennweg/Fasangasse axis. The surroundings are among Vienna's sought-after residential areas and offer an ideal combination of high footfall, good visibility and a lively environment.

In the immediate vicinity are the Rennweg station (S-Bahn, tram, City Airport Train), the Sacré Coeur, and the HTL/HAK/HAS Ungargasse. Numerous residential buildings, offices, gastronomy and local supply businesses ensure constant footfall.

Public transport

Rapid rail / Station

• Wien Rennweg (S1, S2, S3, S4, S80, REX, City Airport Train) – approx. 3–5 minutes on foot

Tram

• Line O – Station “Fasangasse” directly around the corner
• Line 18 – Station “Fasangasse” about 2 minutes’ walk
• Line 71 – Station “Rennweg” about 4 minutes’ walk

Bus

• 77A – Station “Rennweg” about 4 minutes’ walk
• 74A – reachable in the nearby area

U-Bahn

• Via the tram lines O and 18 quick connection to:
  • U1 Hauptbahnhof
  • U3/U4 Wien Mitte

Additional costs

Land register entry: 1,1% of the purchase price

Real estate transfer tax: 3,5% of the purchase price

Brokerage fee: 3% of the purchase price + 20% VAT

Purchase agreement fee: 1,2% of the purchase price plus out-of-pocket expenses and VAT | The drafting and execution of the purchase agreement is carried out by the law firm Tiefenthaler Gnesda Rechtsanwälte GmbH.

If you are seriously interested, we will gladly provide further documents, including for example:

• Land register excerpt
• Condominium ownership contract
• Utilization value appraisal
• Minutes of homeowners' meetings (if available) and others

Our all-round service for you:

If you decide on this property, we will competently guide you through the entire purchase process – starting with the purchase offer, through the coordination of individual wishes and the signing of the contract, to the handover of the property. We also support you with organizational steps such as the re-registration of electricity, gas, or district heating. Of course, we will provide all necessary forms and documents for this.

In addition, we will be happy to help you with financing your dream property and will work with our experienced financing partners to develop optimal solutions at attractive terms.

You want to sell your property?

Then you are in good hands with us! We offer you a non-binding and free initial consultation including a solid valuation of your property and a transparent presentation of all relevant factors.

Brokerage agreement: We ask for your understanding that, for requests regarding the object address or a viewing appointment, due to new legal provisions, we can only send documents after you confirm in advance that you want us to act immediately and you have been informed about your withdrawal rights. After your written inquiry with full name, address and telephone number, you will receive an email in which you have to confirm these points.

Disclaimer: We point out that all data in the present offering and the information provided by our office are supplied by the property owner. Information from third parties (e.g., official information) has also been obtained, for which we cannot assume any liability for their accuracy.

We point out that there is a familial or economic close relationship between the broker and the third party to be mediated.

The broker acts as a dual agent.

Infrastructure / Distances

Health

• Doctor <500m
• Pharmacy <500m
• Clinic <1.000m
• Hospital <500m

Children & Schools

• School <500m
• Kindergarten <500m
• University <500m
• Higher school <500m

Nearby amenities

• Supermarket <500m
• Bakery <500m
• Shopping center <1.000m

Other

• Cash machine <500m
• Bank <500m
• Post <500m
• Police <1.000m

Traffic

• Bus <500m
• U-Bahn / Subway <1.000m
• Tram <500m
• Train station <500m
• Highway access <2.000m

Distance information as the crow flies / Source: OpenStreetMap