Residential Development for sale
Latvia - Riga (City District), Riga
like this property?Call: 03339 390434
- Business for sale
- 47,361 sq ft (4,400 sq m)
- City Center
Profitable house on the street Ausekla was built in 1913 by the project of architect Max Deubner. The house is located in prestigious Forburg quarter of Riga. Well-developed infrastructure, prestigious location, a beautiful park, Old Town, sea passenger terminal and a yacht-club are located nearby.
Design project of the reconstruction is approved. 1st floor of the building is dedicated to commercial premises, but from 2 up to 6 floors – apartments. (150-200 sq.m.).
Total area - 4400 sq.m.
The yield on investment of 8-10% per year.
– Building area: 4 400 sq.m.,
– Apartment area: 3 183 sq.m.,
– Commercial premises (1st floor): 591 sq.m.,
– Utility rooms area (basement floor): 245 sq.m.,
– Number of apartments (150 -200 м2): 18,
– Number of floors: 6,
– Parking: 16 parking spots,
– Land plot area: 1570 sq.m.,
– All amenities, elevator.
Currently all premises are with “grey” finish.
- Riga (International), 6.8 miles
*Distances are straight line measurements. This feature is currently in beta.