Revenue house 664 m² in Riga, Latvia
Latvia, Riga
€700,000
€1,054/m²
Location
Property characteristics
Property parameters
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Price per m²€1,054/m² -
Floor4 -
Total area664 m²
Building parameters
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Number of floors4
Description
House for sale in the heart of Old Riga, on the street. Peldu. The building was built in 1890. and was used as a profitable home. There are currently several offices and apartments, some of which have been renovated. On the ground floor there are two commercial premises with a cafe. There are also rooms in the basement. Which are suitable for restaurant rooms or for storage. The building has brick walls, wooden stairs and a tin roof. Urban water and sewage supply was carried out. Heating is purely electric. It is possible to design and connect gas heating, and the messages necessary for connection pass through the radar. Near the house there is a boutique hotel, restaurants and cafes. After renovation, the building can be used as private apartments for one family or for commercial purposes as a boutique hotel, apartments for rent, small offices, club, restaurant, cafe. Partial renovation was carried out in the building, but major repairs are currently required, so the sale price is low, only 1054 euros per m2. At the same time, apartments in new or marked houses in the old pride district are sold for 2500-3500 euros2. Due to its excellent location and low price, the building is an interesting subject of investment and further development.
Updated at: 01/11/2024
Location on the map
Latvia, Riga
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