Commercial in Old Riga

€ 320,000

Description

For sale is offered property in the business center of Riga. Perfect location for any type of business - Old Town just 10 minutes by car, Olympic sport center 5 minutes, shops, offices, banks - everything is located nearby.

Offer consist of 2 houses with size 250 m2 each and a land plot with a garden, parking places, garage and storage.

One house is renewed and has 6 apartments, that are leased and currently bring rent in amount of 1 000 euro per month.
Second house is not renewed and needs additional investments.
Garage and storage might be demolished and number of parking places increased.

Both houses after they are renewed and leased might bring stable income or arpartments might sold individually.

Property might be also used for any other type of business - hostel, co-working, kindergarten, medical institution etc.


Property details

Floor
1
Number of storeys
2
Construction phase
Resale

Location

Old Riga

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