Two buildings are offered for sale, on one of the main streets in Riga's Old Town.
The current successful business model is based on long-term commercial space leases and short-term apartment rentals, through popular aggregator platforms, thanks to an extensive base of loyal customers.
Kalķu 10 description:
- Total building area: 751,4 m²
- Rentable area: 675,5 m²
- Commercial area: 239 m²
- Number of apartments: 6 (436,5 m²)
- ground floor (239 m²): leased to "Rīgas Melnais Balzams" café
Apartment list:
- 1 bedroom + 1 bathroom: Melbourne (51,8 m²), Vancouver (46,9 m²), Amsterdam (30 m²), Stockholm (53,7 m²)
- 1 bedroom + 2 bathrooms: Sao Paulo (84 m²)
- 3 bedrooms + 2 bathrooms: Penthouse (170 m²)
Kalķu 11 description:
- Total building area: 1068,2 m²
- Rentable area: 843,1 m²
- Commercial area: 307,6 m²
- Number of apartments: 8 (535,5 m²)
- ground floor (307,6 m²): leased to "Beer House" restaurant
Apartment list:
- 1 bedroom + 1 bathroom: Blue (57 m²), Yellow (61 m²), Mint (59 m²), Pink (76 m²), White (62 m²), Purple (59 m²)
- 2 bedrooms + 1 bathroom: Green (75 m²)
- 2 bedrooms + 2 bathrooms: Red (75 m²)
Advantages:
- both buildings were renovated in 2012
- both buildings are recognized as "St. Roland" brand
- the ground floors of both buildings have long-term tenants
Location:
- Old Town district
- convenient public transport connections
- cafes, restaurants, shopping centers, grocery stores, parks, hospitals, theaters within walking distance
In addition to maintaining the current profitable operations, there are attractive alternative uses, such as selling individual apartments, developing commercial spaces, or expanding the "St. Roland" franchise.
For more information, please contact us by phone or email.
