Kalku Street 10, Riga, Riga, Latvia

Property for Sale in Riga

Kalku Street 10, Riga, Latvia

  • CA$2,784,140
  • 8 BEDS
  • 8 BATHS
  • 8,088 sq.ft. Home
  • CA$2,784,140

Property for Sale in Riga

Kalku Street 10, Riga, Latvia

  • CA$2,784,140
  • 8 BEDS
  • 8 BATHS
  • 8,088 sq.ft. Home
  • CA$2,784,140

Key Facts

  • Property ID: SIRC1694722
  • Original Price: EUR 2,000,000
  • Property Type: Residential, Other
  • Living Space: 8,088 sq.ft.
  • Lot Size: 2,518.76 sq.ft.
  • Bedrooms: 8
  • Bathrooms: 8

Property Description

For sale building located in the very Centre of the Old Town on Kalku Street.
10 Kalku Street has 5 high-end and 1 penthouse apartment. On the ground floor of the building there is long-term tenant operating as restaurant - cafe. Building was renovated in 2012.


Total area 751,4m2
Leasable area 675,5m2
Commercial space 239m2
Apartments (number / m2) 6 / 436,5m2
- The ground floor (area 239 sqm) is leased to Riga Black Balsam Cafe
List of apartments:
- Melbourne (51,8 m2) - 1 bedroom, 1 bathroom;
- Vancouver (46.9 m2) - 1 bedroom, 1 bathroom;
- Amsterdam (30 m2) - 1 bedroom, 1 bathroom;
- Stockholm (53,7 m2) - 1 bedroom, 1 bathroom;
- São Paulo (84 m2) - 1 bedroom, 2 bathrooms;
- Penthouse (170 m2) - 3 bedrooms, 2 bathrooms.


Current business model:
- Recognized brand St. Roland with more than 5 years of transaction history.
- More than 1000 testimonials with many repeat customers.
Long-term contracts with tenants in the catering sector in both buildings.
Residential (short stays via aggregators). Airbnb; Booking; Reservations via St. Roland.


Possible alternative uses:
- Sale of individual apartments;
- Commercial space;
- St. Roland franchise expansion.


The properties are a 15-minute drive from Riga International Airport and a 10-minute walk from Central Railway Station. Several restaurants, cafes, shops. Kalku Street is one of the main streets of the Old Town, running through the whole Old Riga, starting from the Freedom Monument and ending at the 11th Novembra Krastmala.

Amenities

  • City
  • Historic

Listing Agents

  • Baiba Kalnina

    O. +37129259025

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Location

Kalku Street 10, Riga, Riga, Latvia

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Marketed By

Latvia Sotheby's International Realty
Strelnieku Street 1A-1
Riga, Riga, LV1010
Latvia

+371 29171747

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