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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 infrastructure

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

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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