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Revenue house 664 m² in Riga, Latvia

Latvia, Riga
€700,000
€1,054/m²
;
Revenue house 664 m² in Riga, Latvia
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Address Address
Params Params
Description Description
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Location

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  • Country
    Latvia
  • State
    Vidzeme
  • City
    Riga
  • Address
    Peldu iela

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    €1,054/m²
  • Floor
    Floor
    4
  • Total area
    Total area
    664 m²

Building parameters

  • Number of floors
    Number of floors
    4

Interior details

Heating:

  • Gas heating

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

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Latvia, Riga
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Revenue house 664 m² in Riga, Latvia
Latvia, Riga
€700,000
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