House 3 287 m² Riga, Latvia

Latvia, Riga
Archive cost €2,00M
Sold or out of date
Posted at: 05/03/2024
Updated at: 12/04/2024

Location

Country: Latvia
State: Vidzeme
City: Riga
Address: Raicenes iela

Building parameters

Number of floors: 2
Floor: 2
Total area: 3 287 m²

Description

A cash flow property located in Pļavnieki offers vast opportunities for investment and business development. This commercial center, comprising a land plot of 2749 sqm and a two-story building with a total area of 3287 sqm, has gained a reliable tenant base, ensuring stable income. Situated in the Riga territorial planning zone DzD1, which allows various uses including office buildings, retail spaces, and other commercial activities. The excellent location of this property provides a large flow of visitors from neighboring populated areas and offers excellent opportunities for retailers and service providers. With great access to public transportation and convenient access by personal vehicles, this location is highly attractive to both customers and tenants. The planned reconstruction of the building and landscaping of the area will improve not only the building's technical condition but also its visual appeal. Its expansion and modernization offer significant opportunities for business expansion and enhancing the customer experience. This is an excellent opportunity for an investor looking for a stable income-generating property with development potential.

Location

Latvia, Riga