Revenue house 930 m² in Riga, Latvia

Latvia, Riga
Archive cost $1,25M
Sold or out of date
Updated at: 26/01/2025

Location

Country: Latvia
City: Riga
Address: Lacplesa iela

Building parameters

Number of floors: 3

Property parameters

Floor: 3
Total area: 930 m²

Description

We offer a profitable commercial opportunity for sale in the center of Riga, on one of the most prestigious and active city streets - Lacpliesa. The front, Wooden building with an area of 930 m2 fully leased and brings income. close the real estate four stores ( 120, 60, 100, 200 m2 ), two offices ( 65 + 90 m2 ), four apartments ( 80 + 75 + 71 + 40 m2 ). Two adjoining rooms ( 2 + 20 ). Two boiler rooms ( 6 + 35 ). there are 8 parking spaces in the courtyard, the land area is 600 m2. Stable yield of 6.9% per year, lease agreements with the right to terminate for 2-3 months. it is also possible, to raise the roof and get additional Attic rooms and significantly enlarge the area from the third floor. If you want, you can buy a building in the yard and view this property as an investment. According to the development plan of the city of Riga, mixed construction is possible on the site, the permissible height is up to 26 meters. Excellent infrastructure and convenient transport links. Everything you need for a comfortable stay in the city center is within walking distance. Close to shops, cafes, restaurants, Riga Gallery shopping center, school, pharmacy. To Old Riga - 10 minutes on foot, Verman Park is nearby. To the main train station - 15 minutes on foot. To Jurmala - 20 minutes. By car, 15-20 minutes to the airport. By car.

Features

  • Parking

Location

Latvia, Riga