Retail premises for sale, Maiznīcas street, Centrs / 105000€

Property description

Bright premises near Miera Street with a beautiful garden in the courtyard.

There are three separate rooms with areas of 17.6 sqm, 25.6 sqm, and 9.1 sqm (with the possibility to create a fourth room by dividing one 17.6 sqm room into two rooms of 8 sqm and 9 sqm), as well as a WC of 2.8 sqm.
It is possible to install a kitchen and kitchen appliances (in the 17.6 sqm room).
Plumbing connections (for a sink) are available in each separate room.

- The premises are ideally suited for a specialized shop with a small office, small or home-based business owners, as well as a salon.
- The windows face both the street (the building façade) and the courtyard side (with a beautiful garden): a total of 4 windows.
- One entrance: panoramic doors with direct access from Maiznīcas Street.
- On Maiznīcas Street (approximately 6 parking spaces), free parking for up to 30 minutes is available.
- A beautiful, small courtyard shared by all neighbors and tenants.
- The interior design is finished in light, white tones.

Main utilities:
- Heating: individual gas heating boiler, radiators;
- Hot water supply: boiler located in the WC;
- Cold water supply and sewage: RĪGAS ŪDENS, Ltd.;
- Ventilation system: natural;
- Electrical installation: new, direct automatically readable meter, supplier TET, Ltd.;
- Security alarm system installed;
- Possibility to install a fully functional Jøtul stove (a new, unused stove is available), which will especially appeal to those who value coziness, interior design, and atmosphere.

A major renovation of the property has just been completed: new windows and doors installed, a new heating system set up, floors and steps leveled, completely new electrical wiring installed, and fresh construction and finishing of walls and ceilings completed. The premises are now modern, bright, and ready for immediate use.

The building façade has been renovated (from the plinth level up to a height of 3.5 m).
The building is managed by a homeowners’ association, which means low, compact, and transparent utility costs. Summer bills are especially pleasant. By November 2027, within the framework of the association’s activities, a full façade renovation of the building is planned, which will improve both the appearance of the building and long-term comfort.

Regarding the property structure and division into apartment units:
The building consists of a total of 10 planned apartment properties. Agreements have been concluded regarding the division of the building into apartment units, with a planned completion date by the end of 2027.

Regarding management and future development:
The building is managed by a homeowners’ association, ensuring orderly property management, reasonable maintenance costs, and a well-considered plan for future development and improvements.

Utility costs for the property:
In summer, approximately EUR 90 (including electricity); in winter, additional heating costs (gas boiler) according to the meter, with the possibility to regulate heating intensity.
This amount also includes all expenses of the homeowners’ association for building maintenance, which for 2026 were set at EUR 1 per sqm, including EUR 0.40 per sqm for management costs and EUR 0.60 per sqm for the reserve fund for future improvements. The homeowners themselves determine the budget according to the association members’ vote for each respective period.

Location:
Riga city center, Maiznīcas Street 3, next to the intersection of Brīvības and Miera Streets. Nearby are various infrastructure facilities: shops (“Maxima”, “Mego”), Vidzeme Market, restaurants and cafés, medical institutions, Riga 1st Hospital, Dailes Theatre, Old St. Gertrude Church, as well as schools and kindergartens (both public and private). Good public transport connections.

Previously, the premises were leased to a beauty salon, with an annual yield of 8.3%.

• Finishing: very good condition, final finishing, linoleum flooring
• Equipment: fireplace
• Layout: premises both isolated and connected
• Building description: entrance from the facade side, wide windows, facade building
• Location: shops and cafes nearby, convenient public transport, intensive pedestrian traffic, intensive vehicle traffic
• Parking lot: paid (Rīgas Satiksme) parking on the street, paid parking in vicinity
• Area, type of retail premises: for medical company, bar, massage parlour, beauty salon, shop
• Communications: gas heating with individual meter, internet available, city water supply, city sewage
• Security: closed courtyard

Object on the map