Great investment opportunity - a house in Mežciems

Great investment opportunity - a house in Mežciems, Gaiļezera Street 3.
- Two-storey building used as an office building (100% leased).
- Building area 380 sq.m.
- Land area 1380 sq.m.
- In 2005, the building was reconstructed;
- The yard is used as a parking lot, it is possible to create a recreation area.
- The building is in good technical condition.
- Return on capital 5% per year.
- Very convenient and demanded location between apartment houses;
- Convenient access by both car and public transport.
- Excellent infrastructure. Next to the recently reconstructed T / C Gaiļezers, which has a Rimi supermarket, the Solution Gym, as well as 30 different shops. Nearby grocery store Beta, Gaiļezers Hospital, Digestive Diseases Center "Gastro", Motor Museum, shopping center Alfa, schools and kindergartens;
In the future, the property can be developed by building a multi-storey house instead of this building. According to the valid Riga spatial plan;
- 21% free territory, 260% intensity, it is possible to build around 3000m2, up to nine floors;
- Located in a mixed-use area with a residential function (J)
- Permitted use:
- apartment house;
- object of commercial nature;
- object of trade and services;
- detached house;
- Twin house
- Townhouse
- Storage facility;
- motor vehicle repair shop (incl. car wash);
- educational institution;
- medical institution;
- sports building;