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Investment Property In Riga Center

Location Europe › Latvia Date Added: 05.04.2017 at 23:19 Expiration Date: 17.02.2031 at 11:23 Page Views: 227 Listing ID 539877

Technical data

Purpose
Sale
Size of Property
7.743 m²

Description

Historical multiple apartment six-storey residential building with total area - 7,743.3 sqm , located in Riga center Kr. Valdemāra Street 27/29 (Kr. Valdemāra iela 27/29).

The building has 86 apartments and two office premises. It was built in 1912. and major repairs of the building are required. Electricity connection (16A) is available. The rest of the engineering networks are not in operable condition. A 146.6 sqm basement is situated under the yard of the building. The property includes a 1,734 sqm land plot with the building on it. The property is located in an urban construction territory of the Centre of Riga, in the area of the UNESCO World Cultural and Natural Heritage site and the monument of urban planning heritage of national significance Historical Centre of Riga.

The possible future uses of the building include its use as a residantial multi-apartment house, office building or a hotel.

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