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We offer home investment object in the area of embassies, central street, view to the park.

  • We offer home investment object in the area of embassies, central street, view to the park.
  • We offer home investment object in the area of embassies, central street, view to the park.
  • We offer home investment object in the area of embassies, central street, view to the park.
  • We offer home investment object in the area of embassies, central street, view to the park.
  • We offer home investment object in the area of embassies, central street, view to the park.
  • We offer home investment object in the area of embassies, central street, view to the park.
  • We offer home investment object in the area of embassies, central street, view to the park.
  • We offer home investment object in the area of embassies, central street, view to the park.
  • We offer home investment object in the area of embassies, central street, view to the park.
  • We offer home investment object in the area of embassies, central street, view to the park.
  • We offer home investment object in the area of embassies, central street, view to the park.
  • We offer home investment object in the area of embassies, central street, view to the park.
  • We offer home investment object in the area of embassies, central street, view to the park.
  • We offer home investment object in the area of embassies, central street, view to the park.
  • We offer home investment object in the area of embassies, central street, view to the park.
  • We offer home investment object in the area of embassies, central street, view to the park.

About object

Description

• ~2,000m2 trophy asset building, architectural monument
• Historical Centre/CBD, Freedom Monument
• Embassy lane/direct Parkview, visibility and exposition
• Intense footfall, high-street destination
• 7 back-yard and 4 front-yard parking spaces
• Fully renovated in 2016
• Renovation cost of 2.0m EUR or 1,500 EUR/m2
• Fully equipped with exclusive furniture and design solutions by IMAGEHOUSE
• Suitable for bank/branch functions, equipped with vaults in the basement
• Optimally leasable to 1-8 office tenants
• EUR ~3,000/m2 office value
• 12-15 EUR/m2 office rent level
• 30-50 EUR/m2 retail rent level
• 5.0-6.5% achievable cap rate after lease-up
• Auction Guide Price of the asset is 5.5m EUR
• Currently 100% vacant

Information

ID code:
4133
Location:
Riga / Centre
Street:
Raina bulvaris
House type:
Renovated house
Property type:
Commercial premises, Office centres, Investment projects
Area, м²:
2000
Floor:
4

Price

To buy:
5 500 000 EUR
Price м²:
2 750 EUR

Services:

  • Elevator
  • Internet
  • TV
  • Parking
  • Alarm system
  • Terrace / Balcony

Communication:

  • Central heating
  • Municipal sewage
  • Municipal water

Location

Contact person

Ilona Gorenko

Ilona Gorenko

Head of Real Estate Department Ideal Property +37126176578 Viber ilona@idealproperty.lv

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