Investment property, Aptiekas street, Sarkandaugava / 250000€285000€Reduced price!

Property description

Multifunctional premises in a newly renovated building

The space is currently used as a service/repair workshop. It features lifting gates and generates a stable monthly cash flow of €2,500.

Development potential:

As there are more than 10 apartments on the second floor, the ground floor also offers great potential for residential development. With a ceiling height of 3.5 meters, the ground floor is ideal for a LOFT-style concept. Each apartment could have its own private entrance, large floor-to-ceiling windows, and access to a designated green area.

+ Currently divided into separate areas: service and retail/shop;
+ Ground floor currently includes five individual service bays;
+ Recently renovated façade;
+ Connected to city water, sewage, gas, and electricity.
+ Partial workshop equipment (lifts, compressor) is included in the price.

Stable rental income of €2,500 per month.
Office/shop – 70 m²
Service area – 420 m²

• Finishing: requires cosmetic repairs
• Building description: special project building
• Parking lot: guaranteed parking space in the courtyard
• Communications: gas heating, city water supply, city sewage

Object on the map