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Hotel room – Central District, Riga, Latvia

2,145,000 €
1,960 € /m²
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  • Total area
    1,094 m²
  • Built in 
    1910
Details
Property parameters
  • 6-floor building
Features
  • Internet
  • Elevator

Premises with a total area of 1,094 m² are offered, located on the 3rd to 6th floors in a building next to the new office complex ”Novira Plaza, “ in the active center of Riga.

Distribution of areas by floors and their price, based on the rate of 1,961 EUR/ m²:

3rd floor: area — 282.6 m², price — 554,000 EUR

4th floor: area — 281.8 m², price — 552,600 EUR

5th floor: area — 282.6 m², price — 554,000 EUR

6th floor: area — 247.3 m², price — 485,000 EUR

It is possible to acquire all the premises together or selectively by floor.

Premises:

- the condition of the premises is good, with cosmetic repairs needed in some places;

- windows are mostly facing the facade side (Marijas Street);

- each floor has a separate kitchen area and bathroom;

- ventilation system is installed;

- central heating;

- elevator.

Currently, the premises are used for offices, but a project has been developed and is ready for submission to the Building Authority (Buvvalde) to change the status of the premises to residential.

Location:

- active city center;

- a 15-minute walk to the Old Town;

- adjacent building — the new office complex ”Novira Plaza“;

- nearby is the Central Railway Station of Riga (Rail Baltica) and the ”Origo“ shopping center;

- intensive pedestrian, vehicular, and public transport movement.

According to the territorial planning of the city of Riga, the building is located in the central mixed-use zone (JC8), with primary types of internal use of buildings such as offices, healthcare institutions, multi-apartment residential buildings, etc.

POTENTIAL INCOME from renting office and residential premises is shown in the presentation below.

More information by phone and email.

Discussion of terms is possible.

Feel free to call to arrange a viewing.

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