Sale | Houses | House ownership

FOR SALE: OFFICE BUILDING WITH EXCELLENT RETURN ON INVESTMENT

Address: Valmieras Street 31, RigaFor Sale: 2/3 of the propertyTotal Building Area: 780 m²Sale Area: 504 m²Land Area: 2282 m²

For sale: 2/3 share of a three-story office building located at Valmieras Street 31, Riga. The property includes 6 garages and a spacious land plot with parking for 25-30 cars. All saleable premises are rented, ensuring a stable income stream.

RETURN ON INVESTMENT:

Currently, 6 lease agreements are in place + all 6 garages are rented.

One office space is currently vacant, increasing potential income.

Current yield: 9% per year

UTILITIES & INFRASTRUCTURE:

Gas heating

City water and sewage

Large courtyard parking area

CO-OWNERSHIP STATUS:

Co-ownership agreement registered in the Land Register

Agreement clearly defines which parts of the building and land are shared

In the attached land plan, A section is shared ownership, C section is for sale

This is an excellent investment opportunity with a stable income stream and development potential.

Price and additional information available upon request.