Investment property, Dzirnavu street, Centrs / 580000€

Property description

Investment property for sale in the quiet centre of Riga.
The property currently consists of a three-storey building in the front part and a courtyard.

Composition of the property:
- land - 961 m2,
- 3 storey front building with a planned 4th floor extension (5 apartments and 3 commercial premises)
- an approved project for the construction of a 7-storey building in the courtyard (16 apartments and 5 car parking spaces).
Total area of the existing building: 1109 m2, usable area: 956 m2.
Total floor area of the proposed building: 1273 m2, useful floor area: 1022 m2.
There is a technical project with a building permit which can be transferred to the new owner.
The necessary urban communications and infrastructure are available.
During the construction period it is possible to change the number and size of apartments

The property is located in the prestigious embassy district in the quiet centre of Riga, close to the Old Town, the Port of Riga, the Riga Yacht Club, as well as the new Skanstes business district. Many of Riga's main entertainment, social and cultural institutions are within walking distance of the property.

For any questions, please do not hesitate to call or write.

• Location: river nearby, channel nearby, park nearby, shops and cafes nearby, schools and kindergartens nearby, convenient public transport

Object on the map