Rent in Riga

Investment object For Sale, Peldu street 21, Rīga, Labais krasts, Vecrīga / 700 000 €

Ivars Blanks

Ivars Blanks

Phone
+371 29476228
E-mail
[email protected]
WhatsApp
+371 29476228

Property description

Property ID number: 60841

Investment Property in Riga Old Town

The ground floor has 2 commercial premises (Late Night Munchies restaurant and an Asian cuisine restaurant, recently fully renovated). The upper floors contain small offices as well as 3 apartments.
There are currently 4–5 tenants in the building. Approximately 5 premises are currently vacant.

The property has a spacious, vacant basement, as well as the potential to develop an attic floor.

The property is located in a Mixed Centre Development Zone (JC7).
The building has not been renovated for many years, and some of the premises are currently unused.
Built in 1890.
Ceiling heights:

  • Ground floor – 3.7 m
  • 2nd and 3rd floors – 3.3 m
  • 4th floor – 2.1–2.4 m
    Masonry walls, wooden floor structures and roof rafters.
    The building previously had central heating, but currently heating is provided by electric radiators.

Best potential use: hotel, hostel or conversion into apartments.

Investment Property in Riga Old Town The ground floor has 2 commercial premises (Late Night Munchies restaurant and an Asian cuisine restaurant, recently fully renovated). The upper floors contain small offices as well as 3 apartments. There are currently 4–5 tenants in the building. Approximately 5 premises are currently vacant. The property has a spacious, vacant basement, as well as the potential to develop an attic floor. The property is located in a Mixed Centre Development Zone (JC7). The building has not been renovated for many years, and some of the premises are currently unused. Built in 1890. Ceiling heights: - Ground floor – 3.7 m - 2nd and 3rd floors – 3.3 m - 4th floor – 2.1–2.4 m Masonry walls, wooden floor structures and roof rafters. The building previously had central heating, but currently heating is provided by electric radiators. Best po...

Features & amenities

Interior finish
Condition - partially repaired
Equipment
entrance from the facade of the building
Building characteristics
cultural and historical monument, facade house, wide display windows
Location & surroundings
convenient public transport, heavy pedestrian traffic, nearby river, nearby schools and kindergartens, nearby shops and cafes
Parking
paid (Rīgas satiksme) parking on the street, paid parking nearby
Communications
city sewerage, city water supply, electric heating
Security
closed staircase

Mortgage loan

Choose a bank:
Base rate: 4.4%
Min: 30%
Max: 10 years
Down payment:175 000,00 €
Monthly payment:2631,10 €
Request a consultation

Property on map