Share:

Art Nouveau style building

Riga, LatviaUnlock address

68%

€4.700.000

Mixed use

#14322

Core+, Value-Add

7 Feb 2024

Property Details

Broker

For sale

5,550 m²

Leasable area

846 €/m²

Freehold

X

Fees

2.00 %

0.00 %

0.50 %

1.00 %

0.50 %

Investment Overview

Art Nouveau style. The facade of the house was renovated in 2005. Total area: 5550 m2 Leasable: 4855 m2. Land: 1505 m2. The house consists of 2 entrances, front and courtyard. The courtyard entrance is completely vacated and ready for reconstruction. Front entrance is leased for apartments, offices, commercial premises. All leases are short term. All city communications. There is an elevator in the front entrance. In the courtyard there is the possibility of installing an elevator. Most of the windows have been replaced. The layout of the house allows you to use the house for various purposes: office building, hotel, residential. The layout allows you to divide large apartments into smaller apartments. In the courtyard there is a parking lot with a capacity for 8-12 cars.