Residential & Commercial Building Löwen Sargans - Attractive Investment with Potential

At a glance

Description

A unique investment opportunity in an attractive city property is offered here in the best location on the church and market square in the historic old town of Sargans: the proud Zunfthaus zum Löwen. The continuously modernized and traditionally renovated property on a total of 755 m2 of land consists of two connected buildings, the Löwen and the Dependence. The Zunfthaus zum Löwen: The main house Löwen was built in 1811 in the Biedermeier style. The thick walls and exposed wooden beams still testify to the craftsmanship of that time. During the core renovation in 1985/86, the jazz cellar was also installed and the building was revitalized under the new name Zunfthaus zum Löwen as a social meeting point and has been known as a small but fine center for culinary and cultural events far beyond the region. The Löwen houses, in addition to the popular jazz cellar with bar and garden restaurant, a Gault Millau restaurant with 14 points, the Kiwanis Sarganserland club, a fully equipped gastro kitchen with cooling systems and efficient ventilation and technical systems, the inviting guest room with tile stove and max. 50 seats, as well as the Rittersaal for around 100 people. A special highlight in this building is also the two renovated, newly built 3.5-room apartments, which guarantee additional rental income. The Dependence: Located directly behind the Löwen on the same property is the Dependence, a originally built hotel tract in 1986 and converted in 2018 into a two-family house with two newly built, attractive 3.5-room apartments, a garage, 5 covered parking spaces, and three outdoor parking spaces. All units in both buildings are fully rented and thus offer a solid investment basis in an attractive, traditional property. The property is organized as a stock corporation and is to be taken over by the buyer as a whole package of shares. In the stock corporation, which exclusively holds this property, all condominium properties are included and can be freely traded after purchase. We would be happy to provide you with the detailed investor dossier after proof of interest and look forward to your contact! With its optimal geographical location on the axis between Munich, Lake Constance, Graubünden, Milan, and Zurich, the surrounding economic centers are within easy reach by public transport as well as by car. Sargans train station is an important hub, just like the highway intersection between the A13 from St. Gallen and the A3 from Chur to Zurich. In the immediate vicinity, there are various ski resorts and recreational areas: Pizol, Flumserberg, Malbun in Liechtenstein, Bad Ragaz with its two golf courses, medical center, and thermal bath, the Bündner Herrschaft with its world-famous vineyards, Davos, St. Moritz, Liechtenstein, and the nearby Walensee make the region a preferred place of residence. The municipality of Sargans with its approximately 6,600 inhabitants is also a central educational location with kindergarten, primary and secondary school, gymnasium, and other educational institutions. Additionally, it is a popular shopping destination with several large shopping centers in the immediate vicinity. The strategically important location was already appreciated by the old Confederates and thus the town of Sargans was founded around 1250 at the end of the High Middle Ages. The winding and romantic streets of the historic old town, affectionately called the core of the old town, still invite visitors today and are very popular with tourists and the local population. A visit to the medieval fortress Schloss Sargans is also a must for many guests from near and far and contributes to the attractiveness of the location of the property for sale, Zunfthaus zum Löwen. You are warmly welcome!

Location & surroundings

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Location & surroundings