Lacplesa 11/13 property consists of two buildings located on 1939 m2 of land, both buildings constructed at the turn of the end of the 19th century.

Lacplesa 11 is a wooden structure with total area of 971.3 m2.

Lacplesa 13 is a five storey building with 2833 m2 of total floor space, 2/3 of which have been renovated within the last 10 years.

Property is located in the prime location in downtown Riga.

Most of the available floor space is rented out, wooden structure being used as office building and mixed use of rent areas in No.13 buildings, with offices and short term apartment rents.

Although property generates positive cash flow, it is not offered as a cash-flow, but rather as a property for development.

Asking price €4.4M for 100% shares of SPV owning this property.