Commercial property 111 m² in Riga, Latvia

Latvia, Riga
€100,000
€901/m²
;

Location

  • Country
    Latvia
  • State
    Vidzeme
  • City
    Riga

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    €901/m²
  • Total area
    Total area
    111 m²

Description

Latvia.Riga Cafe in the historical center Commercial premises in the historical center of Riga. The area of the room is 111m2. Suitable for diner, cafe, bar, restaurant. In excellent condition. The premises are currently not for rent.   Potential real rental income: 1000 € / month × 12 months = 12 000 € / year Costs: utility payments are paid by the tenant; the owner of the premises pays real estate tax 980 € / year. Potentially: net income from rental in a year: 11,200 € Profitability: 8.75% per annum Ideal for organizing your own business - the room has a very good location. The sale is urgent!   The price is reduced from 128,000 € to 100,000 €      
Updated at: 03/11/2023

Location on the map

Latvia, Riga
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