Real estate for sale in the center of Riga

For sale is a residential property in the center of Riga, at Stabu Street 35 (between Tērbatas and Krišjāņa Barona Streets).

The three-story property with a total area of 895 m2 is currently used for commercial purposes - 2 shops are located on the 1st floor, and offices are located on the 2nd and 3rd floors.

It can easily be converted into apartments - each room has a WC/shower, and the largest of the workrooms has a water supply for installing a kitchen.

The property is currently fully leased and brings in a stable profit, annual yield of ~ 7%.

Office spaces range from ~30 m2 to 80 m2, the most common areas are around 40-50 m2 (2-room office), see plans in the appendix.

The surrounding area has developed infrastructure - within a 5-minute walk are the shopping malls ''Bērnu pasaule'' and ''Barona centrs'', there are many shops, cafes, etc. nearby, and a well-developed public transport infrastructure.

Area: 895 m2.

Price: 1,118,000 EUR.