Latvia
City of Riga
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 construction of the building: 1914
Complete reconstruction and modernization: 2006
Land area: 1063m2
The total area of the building is 4 250m2, 6 floors + basement
The usable area of the building is 3,261 m2: offices 2,703 m2, shops 558m2
Beautiful passage with a glass roof,
2 separate entrances - to offices and to the shopping center
Autonomous gas heating
All premises are leased for a long-term lease.
Profitability from renting out premises: 4%
Very high liquidity of the facility.
The price has been reduced from €12,000,000 to €11,500,000
