Commercial property in Riga with redevelopment opportunity

Additional information is provided after the signing of an NDA

Commercial property in Riga with redevelopment opportunity

920,000 €
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Total area: 1,883 m² Built in 1927
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Features
  • Land area: 1,058 m²
  • 3-floor building
  • Occupancy: 100%
  • Leasable area: 1,227 m²

It is a historic building in the center of Riga for sale.

Description

The total area of the three-storey building with an attic is 1,883 m².

The plot of 1,058 m².

The building was constructed in 1927.

The property is fully leased out to a single tenant.

Redevelopment

There is an opportunity to transform premises into the office ones for a signle or multiple tenants.

It is also possible to use the attic as an office space.

Tenants

The tenant is fitness-center.

The lease agreement is valid until May 2017.

Location and nearby infrastructure

The property is situated near one of the busiest streets of Riga.

There are shops and multi-storey car park in the neighborhood.

Bus and tram stations are within the walking distance, central railway station is within 1,6 km distance.

Statistics in Riga

Price per m², €
1,704
Healthcare efficiency level
62
Index 62 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
63
Index 63 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 1,704.17
Apartment in a bedroom community, m² 1,063.21
Transport Price, €
Public transport, 1 ride 1.15
Monthly travel card 50.0
Taxi, 1 km 0.6
Petrol, 1 l 1.26
Food Price, €
Water, 1.5 l 0.57
Milk, 1 l 0.9
White bread, 500 g 0.84
Eggs, a dozen 1.64
Chicken fillet, 1 kg 5.14
Education Price, €
Kindergarten, per month 311.3
International school, per year 11,937.5
Health care index
Staff competence 67.86
Medical equipment 70.83
Research accuracy and completeness 62.68
Attitude towards patients 60.71
Security index
Crime rate 36.02
The risk of being robbed 32.34
The risk of car theft 45.69
The risk of break-in and property damage 46.25

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 17 4822 0039
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