Historic Building with tenants, Florence Center

A historic building is offered for sale in Florence – one of Italy’s most closely held property markets, where supply within the medieval core remains structurally constrained. Located in the Historic Centre, the asset stands within walking distance of the Uffizi Gallery, Piazza della Signoria, Santa Maria del Fiore Cathedral, Palazzo Pitti, and the Boboli Gardens. The building extends across approximately 3,800 sq m of interior floor area and is fully let to three established tenants, generating an annual rental income of €1,095,440. The structure is presented in good condition, reflecting the solidity typical of Florence’s historic building stock. Occupancy stands at 100%.
Building specifications: total interior area 3,800 sq m with mixed-use designation across multiple floors. Fully let to three established tenants generating annual passing rent of €1,095,440, delivering a gross yield of approximately 3.4% before tax. The property is in good structural and operational condition. Strategically positioned within Florence’s UNESCO-designated Historic Centre, offering premium location credentials and cultural heritage asset status that enhance long-term value stability and tenant appeal.
Historic center of Florence. The Uffizi Gallery and Piazza della Signoria are within walking distance, providing high tourist potential for commercial properties. Santa Maria Novella railway station is about 1.5 km away, providing convenient connections to major destinations. Florence Airport (Amerigo Vespucci) is located approximately 5 km away. Access to the A1 motorway (Florence-Certosa section) is about 5 km.