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Gaizina 5, Riga

1010 Riga

Commercial building in market area

Building in a development area of huge business project of Rail Baltica, central market, 95% occupancy. Potential for hostel, hotel. Now it is used as warehouse and offices. Area with active people flow, close to railway station, bus station, public transport. Central location. Invest in Latvia, invest in Riga.

Ligita Tetere

English Russian Latvian
Managing Director
Habita Riga
Habita Licensed Real Estate Agent

Basic details

Listing number 648518
Selling price EUR 930,000 ($1,495,872)
Sold as rented Yes
Rental income per month 7500 €
Types Office, Commercial space, Warehouse, Workspace, Accommodation
Floor 4
Commercial floors 1
Total area 2104 m²
Measurements verified No
Measurements based on Building plan
Condition Good

Building and property details

Construction started 1880
Construction year 2002
Inauguration 2002
Floors 4
Lift No
Energy certificate class No energy certificate required by law
Heating District heating
Building materials Brick
Common areas Equipment storage, Storage, Technical room
Lot area 503 m²
Terrain Flat
Road Yes
Land ownership Own
Planning situation General plan
Building rights 2104 m²
Municipality engineering Water, Sewer, Electricity, District heating

Fees

Maintenance 3,000 € / month (4,825.4 $) (estimate)

Purchase costs

Registration fees 4 % (Estimate)
Notary EUR 300 ($483) (Estimate)
Registration fees EUR 23 ($37)

This is how the buying of your property starts

  1. Fill out the short form and we will arrange a meeting
  2. Our representative will contact you without delay and arrage a meeting.

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