Property search
Mercury Group

A commercial building for rent in Old Riga...

  • Latvia, Riga, Old town
  • Peldu (Old Town)

Not all offers from our rich portfolio are uploaded to the web-site.


If you have not found properties according to your request - send us a request - we will pick up and show you the options from the off market database as well.

Property description

ID: LV-155205
  • Latvia, Riga, Old town
  • Peldu (Old Town)
Object type
Commercial apartment building
House type
Individual project
Land area
902 m2
Area
0 m2
Category
For rent
Price per m2
€ 18
Price
€ 15 840 / per month
Currency calculator
From
To
For rent is offered office and apartment building located in the most prestigious area of Riga city - the Old Town.

History:
The building was built in 1986. Construction materials were delivered from all over the Baltic states according to Riga traditions; roof tiles were delivered from Lithuania, cast iron grates from Livani, section bricks for finishing of windows from Lode, windows - from Finland and decorative marble from Karelia.  The building blended perfectly in its surroundings representing a link between the modern Soviet period architecture and preserved historical buildings.

Advantages:
- Location - the center of stay for most tourists (historical places, squares, tourist routes, restaurants and cafes);
- Developed floor planning;
- Opposite a large car park.  

The proposal for building future use - a hotel.

The building is not an architectural monument.

Land plot area - 902 sq.m.




Office rooms from the 2nd up to 6th floor:

1st floor -   376,60 sq.m. -  6 rooms;
2nd floor -  516,20 sq.m. - 17 rooms;
3rd floor -  514,40 sq.m. - 20 rooms;
4th floor -  440,20 sq.m. - 18 rooms;
5th floor -  339,40 sq.m. - 16 rooms;
6th floor -  137,80 sq.m. - 2 rooms.

Basement floor - 314,80 sq.m. Commercial premises of the basement floor could be use as a restaurant or a coffee shop, (there is an equipped kitchen for the restaurant).

Restaurant premises rental price : 15-20 EUR/sq.m. + VAT + utilities.


All amenities: urban communications, elevator.

Additionally, by using the building on Grecinieku street, the first floor and basement can be fitted with SPA center and floors 2-6  - with 12 luxury suites.


 

Basic parameters:

Number of rooms: 79
Floor: 1
Outdoor parking

Location on Map


  • Latvia, Riga, Old town
  • Peldu (Old Town)
Object type
Commercial apartment building
House type
Individual project
Land area
902 m2
Area
0 m2
Category
For rent
Price per m2
€ 18
Price
€ 15 840 / per month
Currency calculator
From
To
Ask full information about the property

By sending a message, you thereby accept the user agreement and confirm that you have read and agree to the privacy policy of this website.

Buy vs Rent Calculator
To help you decide whether it's better to rent or buy a home, this calculator compares the costs associated with buying a property to your equivalent rental costs. This calculator will also help to investors to preliminary calculate the return on investment and capitalization from sale of real estate.
€ 0
€ 0
€ 0
€ 0
€ 0
€ 0
0 €
Rent Monthly Cost
0 €
Buy Monthly Cost
€ 0
€ 0
€ 0
€ 0
€ 0
€ 0
0 €
Rent Total Cost*
0 €
Buy Total Cost**
* After 1 year you check out and loose 0 EUR

** After rental period you check out, own your property, and:

1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or

2. resell and get the invested money + capitalization profit

In both cases, your rental costs when purchasing real estate are reduced by an average of three times.

Loan left (without loan %):
0 €
Total property cost:
0 €
Social networks

Subscribe

In order not to miss exclusive offers and up-to-date information in the field of realestate, relocation and investments.

Would like to receive the best website experience? Agree to our Cookie policy.