Investment property, Flotes street, Daugavgrīva / 650000€

Property description

For Sale: Investment Property with Cash Flow – Daugavgriva, Flotes Street
The building is located near Parades Street in a historic former military barracks district. Green and well-maintained surroundings. Public transport stop just 30 m away, regular routes to the city center every 12–20 min. Approx. 35 min drive to the Freedom Monument. Nearby: Maxima (450 m), Mego, school, kindergarten, and customs zone.

Building layout:
- 1st floor: children's development center, hair salon, café, rental apartments, utility rooms
- 2nd floor: rental apartments, offices, children’s center, utility rooms

Utilities:
- Electricity, cold/hot water, sewage
- Heating: pellet boiler, new convector radiators
- Sanitary fittings – basic, in working condition

A renovation project for a hotel has been developed. Property valuation available from 2020.

Great investment opportunity with development potential.
Feel free to call or write – I’ll be happy to provide more details!

• Building description: entrance from the facade side, pre-war period building
• Location: sea nearby, river nearby, channel nearby, forest nearby, shops and cafes nearby, schools and kindergartens nearby, convenient public transport
• Parking lot: free parking
• Area, type of retail premises: for medical company, bar, catering company, hostel/hotel
• Communications: autonomous boiler, city water supply, city sewage

Object on the map