City: Riga

Country: Latvia

Currency & Price: EUR 7000000

Description: Real estate in Riga monument of culture of the state value

Total area: 1803,60 sq.m., a useful area of 1547,9 sq.m.



Commercial property.

Property consists of 2 4-storied buildings.



The object was built in 18 century. Buildings are reconstructed in 1998. Repair was made in 2000.

Bearing designs: the bases – a stone, external walls – brick, overlappings – a tree, a roof – a tile.

Total area: 1803,60 sq.m., a useful area of 1547,9 sq.m.

House condition for today: in 1998 major repairs are completely made, including the base is strengthened, overlappings, windows, engineering communications, a roof are changed. The building is reconstructed for tenancy for bureau and commercial premises. The house is equipped by the new modernized fire-prevention and security alarm system. 24 hours of visual protection and the porter. The house is provided by a city central heating, the water drain, cold and hot water.

Monetary stream: at present 18 lease contracts for the term of 7-10 years are concluded, common profit in a month makes – 27 953 dollars. Including the VAT. All useful area is completely leased and thanks to favourable conditions and a house site here invariably great demand. Among our clients there are legal and financial consulting bureaus, Spa the centers, stomatology, etc.


Property information

Real Estate: Real Property Included
Price:
$5,000,000
Cash flow:
Available on request
Revenue:
Available on request
Seller financial available: N/A
Work from home: N/A
Franchise: No
Date: Wed 19 Jan 2011

Listing Expired!

Location: Latvia > Riga
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