Description
The mixed-use complex with a total area of about 22,000 m²:
- office and retail spaces with an area of about 4,000 m²;
- commercial and industrial spaces with an area of about 18,000 m².
All the buildings were renovated in 2009 – 2022.
Equipment: solar panels.
Plot area — about 6 ha (it's possible to buy up to 11 ha).
It's possible to buy the property in pieces or company stock.
There is a parking and security.
The annual income is 1,300,000 €.
The yield is 8.7%.
The property is fully let. There are stable tenancy agreements with reliable long-lease tenants.
The property is located close to the center of Riga, the port, main highways, and public transport stops.
Riga — the capital of Latvia and the largest city of the Baltic States. The population of Riga is more than 630,000 people.
Buildings of different styles coexist in Riga — from the medieval architecture of the Old Town to the modern one. The historic center of the city is listed as a UNESCO World Heritage Site. The
Riga is an economically developed region and the largest industrial center of Latvia. In the city 60% of Latvian enterprises operate and more than 50% of the able-bodied population work.
Tourism — an important source of income of the city; 90% of tourists who visit Latvia go exactly to Riga.
