Investment property, Brāļu Kaudzīšu street, Pļavnieki / 1750000€

Property description

Commercial property with stable cash flow.

- Land plot — 7,153 sq.m.
- 4 buildings with a total area of 1,493 sq.m, including leasable area (with outdoor premises) — 1,268 sq.m. Total outdoor premises area within the buildings — 173 sq.m.
1) Office, salon, and retail building, 600 sq.m, built in 2003.
2) Car service building with a restaurant, 600 sq.m, built in 2004.
3) Car wash building consisting of an indoor service area and a canopy with car wash bays, 240 sq.m, built in 2022.
4) Lightweight retail building, 52 sq.m, built in 2026.
- Access roads, parking areas, and landscaped territory.

The entire property is fully leased to 17 tenants.
Rental income yield — 8.6% per year.

The property is located in a multi-storey residential development zone (DzD1).
Main permitted supplementary uses of the territory:
- Office building development.
- Retail or service facility development.

The property has its own heating boiler operating on both gas and diesel fuel.
The land plot is equipped with treatment facilities and oil product separators.

The property is located at one of the central intersections of Pļavnieki, with heavy pedestrian and vehicle traffic.

• Location: shops and cafes nearby, schools and kindergartens nearby, convenient public transport, intensive pedestrian traffic, intensive vehicle traffic
• Communications: autonomous boiler, city water supply, city sewage

Object on the map