Entire block of buildings | Historic brick building with approx. 6,500 m² usable area | Rezoning potential for approx. 5,000 m² residential | Main station in approx. 10 minutes

A whole block of buildings in Vienna is offered for sale at around € 1.955 per m² of usable floor area: purchase price € 12.700.000 for approx. 6.500 m² of existing usable floor area (plus approx. 665 m² of cellar space).

A piece of Vienna’s industrial history – and the rare opportunity to develop an entire block of buildings. The former fittings and machinery factory from the late 19th century occupies the entire block between Erlachgasse, Leebgasse, Pernerstorfergasse and Van-der-Nüll-Gasse with four street fronts. Exposed brick façades, articulated cornices, iron supports and timber beam ceilings give the building a character that no new building can reproduce.

Approx. 6.500 m² of usable floor area (plus approx. 665 m² of cellar space) with genuine loft character are currently vacant and waiting for a new purpose. A utilisation study by RH+architekten shows where the journey could lead: approx. 5.000 m² of residential floor area above a lively ground-floor zone, a new roof structure with terraces and a green courtyard.

While everything is still possible inside, a great deal has already happened around the building: Vienna’s first Supergrätzl is right outside the front door. Following the example of Barcelona, through traffic was removed from the neighbourhood and the street space was transformed into a green outdoor living room, with 66 new trees, 94 green spaces, seating and play areas, water features and a pedestrian zone. Even the paving tells a story: bricks used as paving recall the district’s past as the centre of Vienna’s brick production, the perfect setting for a historic brick building.

Highlights

• One entire block, one address: four street fronts on approx. 2.340 m² of land – a rarity in densely built-up Vienna
• Brick with soul: exposed brick façades, cornices, iron supports and timber beam ceilings from the late 19th century
• No heritage protection: described in DEHIO, but without heritage protection – maximum design flexibility
• Loft character: open, spacious factory floors with approx. 6.500 m² of usable floor area
• Ready to start immediately: The building is vacant – no tenants, no relocation costs
• Building services already available: district heating connection and several (freight) lifts
• Planning already available: utilisation study by RH+architekten (11/2025)
• Green living room outside the door: Vienna’s first Supergrätzl with 66 new trees, 94 green spaces and no through traffic
• Brick meets brick: The paving in the Supergrätzl recalls the district’s brick history – the perfect counterpart to the brick façade
• Quickly everywhere: Main railway station in approx. 10 minutes, U1 Keplerplatz within walking distance, Stephansplatz in approx. 20 minutes

Apartments are in demand today … and this is what could be created here

… with character and history
→ Loft apartments in the former factory floors, where the exposed brick and iron supports remain visible – living in a piece of Vienna’s industrial history.

… in exposed-brick architecture combined with modern elements
→ A new stepped roof structure with terraces and dormer windows above, the historic brick façade below – old and new combine to form an unmistakable ensemble.

… with landscaped, quiet courtyards
→ The courtyard overbuilding will be removed, and a landscaped courtyard will be created in its place as a green oasis in the middle of the block.

… in a traffic-calmed neighbourhood
→ The Supergrätzl is right outside the door, and residents’ cars disappear into a new underground garage with approx. 39 parking spaces (access via Leebgasse).

… with the underground railway and main railway station nearby
→ Approx. 5.000 m² of new residential floor area exactly where the infrastructure is already in place – complemented by a lively ground-floor zone of approx. 2.481 m² for shops, restaurants or studios.

All of this can be realised here!

Property information

Plot area: approx. 2.340 m²
Existing usable floor area: approx. 6.500 m² plus approx. 665 m² of cellar space (total approx. 7.157 m² according to the purchase agreement)
Area allocation: cellar approx. 665 m², ground floor approx. 2.016 m², 1st floor approx. 1.866 m², 2nd floor approx. 1.973 m², 3rd floor approx. 325 m², 4th floor/attic approx. 313 m²
Floors: cellar, ground floor, 1st–3rd upper floors, partially developed attic
Year built: from 1875, additional storey added around 1978, courtyard overbuilding around 1992
Construction: solid construction with exposed brick façade, iron supports and timber beam ceilings
Current zoning: mixed-use building area – business construction area, building class II or III, g, BB1
Zoning according to the study: mixed-use building area – business district, building class III, g, BB1 (rezoning has not yet taken place)
Use: commercial, currently vacant – no tenants
Heritage protection: no (described in DEHIO)
Development concept: utilisation study by RH+architekten zt gmbh dated 06.11.2025 – commercial use on the ground floor, residential use above, roof structure with terraces, landscaped courtyard, underground garage with approx. 39 parking spaces (access via Leebgasse)
Lift: several (freight) lifts available
Heating: district heating connection available
Transport links: The A2 Südautobahn can be reached quickly via Quellenstraße and Triester Straße. Tram lines O, 6 and 11 and bus 14A stop within walking distance, and the U1 Keplerplatz station can be reached within a few minutes on foot. The main railway station is around 10 minutes away, and Stephansplatz around 20 minutes away.
Infrastructure: Laxenburger Straße, Quellenstraße and Viktor-Adler-Markt offer shopping opportunities. Laubepark, Erlachplatz and Arthaberpark are within walking distance.

Purchase price: € 12.700.000,00
Commission: 3% of the purchase price plus 20% VAT.

Do not hesitate to arrange a viewing appointment today! I look forward to your enquiry!

Also visit our website at www.RIWOG.at with numerous current TOP properties!

Notice pursuant to the Energy Performance Certificate Submission Act: An energy performance certificate has not yet been submitted by the owner or seller, despite our explanation of the generally applicable obligation to submit one and our request for its preparation. Therefore, at least an overall energy efficiency corresponding to the age and type of the building is deemed agreed. We assume no warranty or liability whatsoever for the actual energy efficiency of the property offered.

We point out that a family or economic relationship exists between the broker and the third party to be brokered.

The broker acts as a dual broker.