Land Riga, Latvia

Latvia, Riga

$3,42M

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ID: 3454269

In CRM: 170755

ID of the ad on the website or in the company’s CRM

Last update: 27/05/2025

Location

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Country

Latvia
City

Riga
Address

Krustpils iela

Description

The total area of buildings is 8971 square meters, on the territory of 2.85 hectares.

Currently, the facility provides cash flow from the lease of 200 tons of euros per year. Lease agreements are concluded for 5 years with the right to extend. After 2 years, an increase in rent is provided.

The property can be used as an investment with cash flow from the lease and an annual yield of about 7%. It can also be converted into a logistics center, used as a factory or warehouse, or other significant facility.

Convenient location in the industrially developed region of Riga on Krustpils Street. The nearby main roads and the South Bridge provide easy access to a direct connection to the Via-Baltica road. A private railway line provides access to the railway and the Freeport of Riga, which is 15 km away, which provides significant transit opportunities.

Land 2.85 ha (28539 m2)

All engineering communications are owned:
- Power supply with practical power up to 4 MW. Currently, a transformer substation with two transformers of 1000 kVA each. You can add additional transformers and increase power.
- Heat, water and sewerage;
- Industrial fire water supply system;
- 95 m long railway line;
- Concrete fence around the property 592 m;
- The roads are paved with 3566 m2 and the concrete area is 1056 m2.

Buildings 8971 m2

A) Production building 5650 m2
- 4250 m2: single-storey production shop, built in 1977 (two spans of 18 m wide each, ceilings of 14 m, two bridge cranes of 10 tons)
- 540 m2: single-storey production shop, built in 1989
- 860 m2: 2 - floor administrative space, for staff

B) Warehouse 2,138 m2, built in 1987
- cold storage with a ceiling height of 7 m
- four telfers of 2.5 t

C) Office building 1,183 m2, built in 1973
- 431, 95 m2: office space
291, 65 m2: public area
- 459, 40 m2: basement