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Building For Commercial Use In Riga For Sale

Riga, Rigas
Freehold Price:
$3,500,000 (USD)
Lease Asking Price:
On request (USD)
Sales Revenue:
$1M - $5M (USD)
Cash Flow:
$250K - $500K (USD)

City: Latvia
Country: Latvia
Currency & Price: EUR 3,200,000

For sale commercial property with strategically beneficial location.
The total area of office premises, warehouses, commercial canopy and production facilities is 11260sq.m, with leasable area 10669.2sq.m and total area of land plot is 5794sq.m.

• Factory facilities/warehouse/commercial premises (in 4-floors) - 8724.7sq.m
• Office premises (in 6 floors) - 750.4sq.m
• Technical premises - 58.2sq.m
• Common areas - 532.6sq.m
• Separate warehouses - 727.8sq.m
• Industrial canopy - 466.3sq.m

Property has been exploited starting from 1989 and is located in mixed construction area with residential functions. In addition to developed infrastructure, there is easy accessibility for customers, employees and freight vehicles what is important advantage of factory facilities
or industrial park. The property is strategically well located as it has access to all the main national and international highways of the country. (A2; A6; A7; A8; A10)

The entire area asphalted, fenced and guarded 24/7 and has parking lots in the territory. The main building with offices, warehouses and production facilities are heated with an individual gas heating system, is installed a forced ventilation system, the building has a passenger elevator and two large cargo elevators with load capacity 3t and 5t.

The production and storage facility ceiling height is up to 8.3m, floor are of reinforced concrete panels and have a load capacity of 2t per 1sq.m. The property has three- phase power of 380V / 595kW.

Now rented 2/3 of the building. There is a steady income and potential tenants.
Currently, rental income is around 25,000 euros per month

Please click on the Contact Seller button below for further information.

Property information

Real Estate:

Available as lease or with real property included

Other Information

Lease asking price:
On request (USD)

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