Revenue house 1 061 m² in Riga, Latvia

Latvia, Riga
Archive cost €2,20M
Sold or out of date
Updated at: 22/04/2021

Location

Country: Latvia
State: Vidzeme
City: Riga

Building parameters

Number of floors: 4

Property parameters

Floor: 4
Total area: 1 061 m²

Description

The building is situated in the quite centre of Riga is surrounded by the beautiful Art Nouveau architecture. The building is located in the heart of Riga's commercial centre within a walking distance to the nearby embassies, headquarters of major banks, companies, ministries, schools, kindergartens, shops, cafes, hotels, restaurants and the Old Town. Convenient public transportation.
Vilandes street is perfect for those who want to be in the heart of the city, but in the same time stay away from noisy streets.

The building is not listed as an architectural monument and it does not have any restrictions or limitations in terms of its reconstruction.
Reconstruction project has been approved, which would increase the building size to 1588 m2 from current 1061 m2.
There are 19 parking lots in the yard (18 after the reconstruction), which is a rare opportunity in the particula area of the city and makes the building even more attractive to potential tenants/buyers.

There are currently 8 apartments in the building, all rented out and bringing income.

More information about the property, as well as pictures and layouts - attached in the PDF file.

Features

  • Beauty salon
  • Store
  • Restaurant
  • In the big city
  • Children's playground
  • Gym

Location

Latvia, Riga