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Commercial premises for sale

230,000 €
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Total area: 100 m² Yield: 4.6% Built in 1910
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Features
  • 6-floor building
  • 1 floor
  • Occupancy: 1%
  • Most recent total renovation: 2015
  • Leasable area: 100 m²
  • End of lease: 2021

The building is located in the Quiet center, which is one of the most prestigious districts of Riga.

The light and luxurious property was built in 1910 according to the design of the famous German master Arthur Medlinger and in 2015 the building is being renovated, as a result of which the modern technologies allow preserving the historical charm of the building and increasing the comfort level.

It is equipped with 27 comfortable apartments of a premium class. On the top floor are two-storey penthouses with huge panoramic windows. On the underground level there is a garage and storage rooms, for convenience connected by a lift to the residential floors.

Tenants

At the moment, there is a tenant with a contract for 4 years.

Location and nearby objects

Within walking distance is the Old Town, the Daugava embankment with yacht club, cozy parks, restaurants, shops.

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Enquire about this mix used building
Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 17 4822 0039
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    • Bank financing from 4.8% annually
    • Construction site audits
    • Management company services