Commercial property 20 135 m² in Riga, Latvia

Latvia, Riga
€7,50M
;

Location

  • Country
    Latvia
  • State
    Vidzeme
  • City
    Riga

Property characteristics

Property parameters

  • Total area
    Total area
    20 135 m²

Description

Latvia Riga Building complex in Riga Commercial buildings complex in Riga, fully leased out for long-term rent. Total area of premises leased: 20 135.9m2 The complex includes: storage and administrative premises, 2 warehouse-angar, garage, office building, pumping station, passable. Total land area: 35000m2 ( 3.5 ha ) Land plot leased: 800m2 Leased income: 78000 € / month × 12mes = 936 000 € / year%VAT Utilities are paid by tenants. The owner of the building and land pays for real estate tax. Gross Profitability: 12.48% per annum Price: 7 500 000 €
Updated at: 03/11/2023

Location on the map

Latvia, Riga
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