Land plot for sale, Marijas iela, Centrs / 700000€

Location:Rīga, Labais krasts, Centrs
Street:Marijas iela
Land usage type:Land for contruction of apartment houses
Area:673 m²
Price:700 000 € (1 040.1 €/m²)

Property description

The building on Marijas Street that can be demolished.

Type of building use: a 1220-office building.
Construction material of the building: wood.
Building footprint: 421 sq.m.
Land area: 491 sq.m.
Heating: central and stove.
City water and sewage.
Ceiling height: 4.05 m on the first floor, 3.7 m on the second floor.

- The building is strategically located, close to the center;
- Nearby there are shops, restaurants, cafes, and offices;
- High pedestrian traffic;
- High vehicular traffic;
- Convenient public transportation;
- Commercial spaces;
- Office spaces.

Currently, all spaces are leased.
Yield is around 5,5% per year.

There is an opportunity to build a multi-story building or add a third floor to this building.

    Property ID number: 57978

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