Investment property, Kurzemes prospekts street, Imanta / 42000€

Location:Rīga, Kreisais krasts, Imanta
Street:Kurzemes prospekts
Floor:1/1
Area:50 m²
Price:42 000 € (840 €/m²)
Yield:0 %
Potential yield:14.3 %

Property description

Investment Property with High Yield

For sale: a one-story, standalone commercial building with potential to reach 14% per year by attracting a new tenant.

Property details:
- Total area: 50 m²
- A separate property with its own land register entry and cadastral number. The land beneath the building is also attached to the construction and registered in the Land Register.
- Adjacent land plot: 200 m² (leased for EUR 60/month)
- Renovation of premises, façade, and roof completed 1.5 years ago
- Electric heating, air conditioning
- Alarm and video surveillance system
- Metal electric shutters and window grilles
- Two retail halls, storage room
- Two sanitary units, staff entrance
- Own boiler

Advantages:
+ Flexible premises suitable for various uses – retail, beauty, food service, or other services
+ Good visibility and security systems
+ High yield with growth potential

This is an excellent opportunity for investors seeking a stable and profitable property with clear development prospects.

  • Finishing: very good condition, renovation done within recent 2-3 years, laminate flooring
  • Equipment: plumbing installed, air conditioner
  • Layout: rooms both isolated and connected, bathroom and wc together
  • Building description: double glazed windows, special project building
  • Location: park nearby, convenient public transport, intensive pedestrian traffic
  • Parking lot: free parking on the street, free parking
  • Area, type of retail premises: bar, catering company, beauty salon, shop
  • Communications: electrical heating, city water supply, city sewage
  • Security: shutters, metal doors, alarm available, video surveillance
Property ID number: 65396

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Emīls Valters Muižnieks
Emīls Valters Muižnieks Agent
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