Homeownership For Sale, Lāpstu street 4, Rīga, Labais krasts, Sarkandaugava / 365 000 €
- Location:
- Rīga, Labais krasts, Sarkandaugava
- Street:
- Lāpstu street 4
- Area:
- 834 m²
- Building type:
- Special project
- Price:
- 365 000 € ~1554 €/month
Ivars Blanks
- Phone
- +371 29476228
- [email protected]
- +371 29476228
Property description
Property ID number: 58504
Multi-functional building with land.
A 4-storey building is for sale, currently housing a Vesko store, a hair salon, a dance studio, offices, warehouses, and an apartment with a terrace on the top floor.
The building was constructed in 1999 and is in good technical condition.
Autonomous gas heating.
The courtyard offers space for 5 parking places, as well as 2 garages inside the building.
- Approximately 60% of the building is currently leased out. No new tenants are being attracted because the property is for sale. The current return on investment is around 7% per year, with potential to increase it by raising rental rates, which have not been changed for a very long time, as well as by fully leasing out the property.
- It is possible to terminate all lease agreements by notifying tenants in advance.
The property can be converted into an apartment building and expanded by adding at least one more floor.
Multi-functional building with land. A 4-storey building is for sale, currently housing a Vesko store, a hair salon, a dance studio, offices, warehouses, and an apartment with a terrace on the top floor. The building was constructed in 1999 and is in good technical condition. Autonomous gas heating. The courtyard offers space for 5 parking places, as well as 2 garages inside the building. - Approximately 60% of the building is currently leased out. No new tenants are being attracted because the property is for sale. The current return on investment is around 7% per year, with potential to increase it by raising rental rates, which have not been changed for a very long time, as well as by fully leasing out the property. - It is possible to terminate all lease agreements by notifying tenants in advance. The property can be converted into an apartment building and expanded by adding at...
Features & amenities
- Location & surroundings
- nearby shops and cafes, convenient public transport, nearby schools and kindergartens
- Parking
- free parking on the street
- Communications
- internet available, accessible television, city water supply, city sewerage, gas heating with individual meter
- Security
- closed and guarded territory