Investment property, Lastādijas street, Centrs / 1050000€

Location:Rīga, Labais krasts, Centrs
Street:Lastādijas
Area:1335 m²
Land area:1400 m²
Price:1 050 000 € (786.5 €/m²)
Yield:11.4 %

Property description

Commercial property for sale on Lastādijas Street.

A functional and well-planned part of the building with wide development potential.
The property is suitable for both offices and apartments, offering flexibility for different usage types.

For sale: 70% of the building’s undivided shares. The remaining 30% belong to another legal entity.

Floor areas:
- 1st floor – 244.9 m² (1 group of premises)
- 2nd floor – 123.9 m² (1 group of premises)
- 3rd floor – 257.7 m² (1 group of premises)
- 4th floor – 252.2 m² (1 group of premises)
- 5th floor – 108.4 m² (1 group of premises)
- 6th floor – 134.1 m² (2 groups of premises)

The building floors are rented out by individual rooms, consisting of 35 offices and 2 apartments in total.

Basement: 223.8 m² — suitable for storage, technical rooms or additional functions.

Most of the premises are currently leased, while some are vacant and ready for new tenants, providing additional income potential.

Infrastructure & features:
- Private parking for 5 cars
- Convenient access and entrances from both sides of the building
- City water, sewage and electricity
- Autonomous heating (own boiler house)
- Excellent transport connections, close to Riga city centre

Additional information:
- All property data is registered in the Land Register;
- Existing lease agreements and financial statements can be transferred to the new owner;
- The building does not require additional investment — a ready and stable business with regular income.

  • Building description: entrance from the facade side, facade building, pre-war period building
  • Parking lot: parking in the courtyard
  • Communications: gas heating, gas heating with individual meter, optic internet available, city water supply, city sewage
  • Security: closed staircase, closed territory, closed courtyard, video surveillance
Property ID number: 66037

Object on the map

  • Bing map
  • Bing bird eye
  • Openstreet Map
Emīls Valters Muižnieks
Emīls Valters Muižnieks Agent
Contact the agent:
  • Print