Investment property, Brīvības street, Centrs / 190000€

Location:Rīga, Labais krasts, Centrs
Street:Brīvības
Area:363 m²
Land area:687 m²
Price:190 000 € (523.4 €/m²)

Property description

For sale, a multi-apartment wooden building on the outskirts of Brivibas Street.

The building comprises:
Store No.1 - 100.2 sqm (ceiling height 3.30 m)
Apartment No.4 - 34.7 sqm (3.00 m)
Apartment No.5 - 50.8 sqm (2.75 m)
Apartment No.6 - 85.9 sqm (2.75 m)
Workshop No.8 - 24.4 sqm (3.50 m)
All spaces are vacant, and the building is preserved.

Year of construction: 1885.
In need of major renovation.
Wood heating.
City water and sewerage.

There is a long-term lease agreement for the land with the State Real Estate Agency, with the option to buy it out (687/1424 dd.)
Another well-maintained property, recently renovated, is located on the land, with a lease agreement with the State Real Estate Agency as well (737/1424 dd.)

Next to the building is a children's garden. The entire yard is fenced with a metal fence and is currently used for the needs of the children's garden.
The children's garden plans to open a school as well, so they are willing to lease the property for the long term if someone invests in its renovation.

  • Location: shops and cafes nearby, convenient public transport, intensive vehicle traffic
  • Parking lot: parking in the courtyard
  • Security: closed courtyard
Property ID number: 60616

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Ivars Blanks
Ivars Blanks Agent
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