Rental house in Latvia, Riga, 4250 sq.m. For Sale

Riga, Latvia
11 500 000 €
2 710 € / sq.m.
Rental house in Latvia, Riga, 4250 sq.m.
Rental house in Latvia, Riga, 4250 sq.m.
  • Area: 4250 sq.m.

Description

Office and shopping center

Commercial building - offices and shops - in the historical center of Riga, in one of the most prestigious places.

The building with a history was designed by a famous architect in 1912.

  • Year of the building construction: 1914.  
  • Complete reconstruction and modernization: 2006.
  • The area of ​​the land: 1063m2.
  • The total area of ​​the building is 4 250 m2: 6 floors + basement.
  • Useful area of ​​the building - 3 261m2: offices 2 703m2, shops 558m2.
  • A beautiful passage with a glass roof.
  • 2 separate entrances - to offices and shopping center.
  • Autonomous gas heating.
  • All premises are rented for a long time.

Profitability from the lease of premises: 4%.    

Very high liquidity of the object.

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Details

  • Construction phase: Resale

Location

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