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560 000 €

Commercial apartment building in Riga, Latvia, 480 m²
  • Commercial apartment building in Riga, Latvia, 480 m² - picture 1
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  • Commercial apartment building in Riga, Latvia, 480 m² - picture 1
  • Commercial apartment building in Riga, Latvia, 480 m² - picture 2
  • Commercial apartment building in Riga, Latvia, 480 m² - picture 3
  • Commercial apartment building in Riga, Latvia, 480 m² - picture 4
  • Commercial apartment building in Riga, Latvia, 480 m² - picture 5
  • Commercial apartment building in Riga, Latvia, 480 m² - picture 6
  • Commercial apartment building in Riga, Latvia, 480 m² - picture 7
  • Commercial apartment building in Riga, Latvia, 480 m² - picture 8
  • Commercial apartment building in Riga, Latvia, 480 m² - picture 9
  • Property ID on Prianproperty.com: 4054587
    Property ID on company's website: 186609
    Last update: 13.07.2025
    Number of views: 101

560 000 €

Commercial apartment building in Riga, Latvia, 480 m²

480 sq.m

  • On the map
  • Property ID on Prianproperty.com: 4054587
    Property ID on company's website: 186609
    Last update: 13.07.2025
    Number of views: 101

Specifications

Sale price 560 000 €
Price per square meter 1 167 €
Floor area 480 m²
Construction phase Resale
Number of storeys 3
Floor 1
Address Latvia, Riga, Bruninieku

Description

Selling an elegant and well-developed building with 8 apartments, ideal for both residential living and generating income. The property consists of six one-room apartments, one two-room apartment, as well as a two-story penthouse apartment, an office space, and a garage.

The building features modern central heating with an air-to-water heat pump, ensuring efficient and cost-effective warmth. Additionally, a wood-fired central boiler remains in use, helping to reduce heating costs to approximately €250 per month in the fall and spring, and around €500 during the winter months.

The house has been fully renovated with a new roof, water and heating pipes, electrical wiring, and insulation. Every square meter is optimally utilized, making the building highly functional. In the semi-basement, there are a modern laundry room, bicycle parking, a boiler room, a workshop, and an office.

The property includes about 500 square meters of land, used for a garden, fountain, and parking for 8 cars.

All apartments are currently rented out, providing steady income. The building is offered fully furnished, including furniture.

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Seller
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Mercury Group

Languages: english
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