Other commercial property in the big city in Latvia, Riga, 80021 sq.m. For Sale

Riga, Latvia
7 080 000 €
90 € / sq.m.
Other commercial property in the big city in Latvia, Riga, 80021 sq.m.
Other commercial property in the big city in Latvia, Riga, 80021 sq.m.
Other commercial property in the big city in Latvia, Riga, 80021 sq.m.
Other commercial property in the big city in Latvia, Riga, 80021 sq.m.
  • Area: 80021 sq.m.

Description

Commercial development land

This Investment presentation offers opportunity to acquire land for commercial development. The site has excellent location in Riga, Uriekstes Street, with great potential for commcercial development, at the main entrance to Riga Commercial Freeport, next to Riga Customs branch, office center Indi, RER Factory and several bonded warehouses. The site is part of Industrial Parks G31 land portfolio, hosting 16 000 sq. m. logistics and office space, operational since 1998. Offered land is valid for logistics, warehousing, wholesale or production purposes. Large scale office center preliminary design studies have been elaborated as potential development concept. The offered property consists of 2 land plots: #1 - 43 131 sq. m; #2 - 36 890 sq. m. Total 80 021 sq. m. According to Riga City development plan, land plot #1 is located within mixed use commercial and residential zone and land plot #2 is located within industrial and commercial zone. Land plot #1 allowed building intensity 180 %, land plot #2 building intensity 280 %. Both land plots maximum building height - 5 floors. Both land plots are registered as freehold property ownership in Land Book, held by legal entity, resident of Latvia. Otium Office project concept is integrated with land #2 and involves preliminary project studies and drawings with size calculations. The property has convenient access from the city centre via Ganibu dambis (P1) and further connected to major road (E67) to Estonia.

*There is an opportunity to split the land plot, starting from 1 ha.

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Details

  • Location types: in the big city

Location

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