Commercial unit GF 116m² Vienna 1020

Attractive investment: 5,85% return - Leased storefront in a revitalized historic building

between Venediger Au and Max-Winter-Park

In a magnificent Viennese historic building from 1910, located in the desirable Wolfgang-Schmälzl-Gasse in the 2nd district, this attractive investment opportunity is for sale. The stylishly renovated house combines historic charm with modern infrastructure.

Top investment on the ground floor – long-term leased

The spacious ground-floor commercial premises has a usable area of approx. 116 m² and has been unreservedly leased for many years to an established operator in the field of childcare – a particularly sustainable and crisis-proof use.

Highlights of the storefront:

• Usable area: approx. 116 m²
• Current rent: EUR 1.754 / month (tax-free)
• Purchase price: EUR 360.000,-
• Return: ca. 5,85 %
• Thought-out layout with generous space, ancillary rooms, storage, archives and a tea kitchen
• Proven use as childcare facility

Additional basement magazine – ideal complement

The basement magazine with approx. 81.73 m² is also leased to the same tenant (terminated until 14.07.2028).

Details Magazine:

• Usable area: approx. 81.73 m²
• Rent: EUR 646,08 / month (tax-free)
• Operating costs: EUR 211,68 / month (tax-free)
• Repairs reserve: EUR 26,- / month
• Purchase price: EUR 190.000,-
• Return: ca. 4,08 %
• Generous storage areas with anteroom and good usability

Old-building flair

The building impresses with its unique Viennese old-building character:

• Beautiful, textured facade
• Stylish stairwells with ornate railing and wooden handrail
• Original old-building tiles and elegant doors
• High ceilings for a spacious feel
• Bright window surfaces in the staircase
• Modern elevator with access to the basement

Top location in the heart of the 2nd district

The location offers a perfect combination of urban living, nature and infrastructure:

• Vorgartenmarkt, Max-Winter-Park and Venediger Au just a few steps away
• The Prater as a nearby recreational area
• Praterstern as a central transport hub:
  • Subway: U1, U2
  • Rapid transit (S-Bahn)
  • Tram: Lines O & 5
  • Bus: 82A

Why this property convinces

• Long-term secured rental income through an established operator
• Attractive return in the inner-city area
• Crisis-proof use (childcare) with sustainable demand
• Potential for value appreciation through ongoing modernization (attic expansion, elevator)
• Combination of stable cash flow and tangible value

Conclusion

A rare investment package in a charming Vienna historic building with an excellent location, stable rental income and sustainable value appreciation potential – ideal for investors seeking security and long-term return.

Costs:

• Land register entry: 1.1% of the purchase price
• Real estate transfer tax: 3.5% of the purchase price
• Brokerage: 3% of the purchase price + 20% VAT
• Purchase contract fee: 1.2% of the purchase price plus VAT and cash expenses; the purchase agreement is prepared by the law firm Tiefenthaler & Gnesda Rechtsanwälte

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

• Land register extract
• Condominium contract
• Utilization value assessment
• Minutes of owners' meetings (if available) etc.

Our all-round service for you:

If you decide on this property, we will accompany you competently through the entire purchase process – starting with the purchase offer, coordinating individual wishes and signing the contract, up to handing over the property. We also assist with organizational steps such as re-registering electricity, gas or district heating. Of course we provide all necessary forms and documents.

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

Would you like to sell your property?

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

Brokerage agreement:

Please understand that for requests regarding the property address or viewing appointment, due to new legal regulations we can only send documents after you confirm that you want our immediate action and have been informed about your right of withdrawal. After your written request with full name, address and phone number, you will receive an email in which you must confirm these points.

Disclaimer:

We would like to point out that all data in the present offer as well as the information provided by our office were supplied by the property owner. Information from third parties (e.g., official information) has also been obtained; for these, we cannot assume liability for their completeness and accuracy.

We note that there is a family 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 <1.500m

Kinder & Schools

• School <500m
• Kindergarten <500m
• University <500m
• Higher school <2.000m

Convenience

• Supermarket <500m
• Bakery <500m
• Shopping center <2.000m

Other

• ATM <500m
• Bank <500m
• Post <1.000m
• Police <500m

Traffic

• Bus <500m
• Subway <500m
• Tram <500m
• Station <500m
• Motorway access <2.000m

Distance as the crow flies / Source: OpenStreetMap