Commercial property with earning potential in Riga center

We offer for sale commercial premises (1/2 of the house) with profitability in the city center on Stabu street! The Old town is within 10-minutes walking distance. Nearby are many cafes, restaurants, banks, as well as public transport stops. The property consists of two shops, an apartment/office, a garage and a parking in the yard.   Premises are located on three floors. The total area of the premises is 406 m2, consists of:

• 1 floor - two commercial premises of 60 sq.m. each;
• 2 floor - two level apartment/office with an area of 216 sq.m.;
• 0 floor - workshop or warehouse 52 sq.m.;
• a garage - 18 sq.m.;
• ideal part of the land plot of 2207 sq.m.

Both stores have shop windows and separate entrances from Stabu Street. The apartment/office also has a separate entrance from the street. Autonomous gas heating. The building is completely renovated: new roof, windows, facade of the house are replaced and insulated, all communications (water, sewage, electricity) are replaced.   In the courtyard there is a closed parking, 11 parking lots. The parking is equipped with a barrier and a remote video surveillance system.   All premises are leased and bring a steady income. ROI up to 9%. Please contact us for more information.