Raiņa iela, Jūrmala, Kauguri

A great investment opportunity in the central part of Kauguri that will help you preserve your capital in a high inflation period and open up ample opportunities to invest and grow your business with stable cash flow!

Key advantage and location:
Active pedestrian traffic and guaranteed customer flow, as the property is located on one of the strategic Kauguri streets with developed infrastructure in the neighbourhood and intensive high-rise residential area nearby.

Flexibility of use:
The first floor of the building with a separate front entrance from the central Raina Street is already divided into several groups of premises, which are suitable for various types of business start-ups or leasing. For the second floor, "grey finish" rooms you have the possibility to customize the layout and decoration according to your taste.

Real estate opportunities:
The historic car park under the shed can be used as a ready-made business or adapted for use according to your individual needs.

Rental potential:
This property is particularly sought after for rental by small and medium sized businesses such as beauty salons, tailoring shops, cafes etc., providing you with stable and guaranteed cash flow and an increase in the value of your asset.

Versatility of application:
The building covers almost 300 square metres, which allows you to carry out different types of business and even combine different types of businesses. In addition, the 2nd floor can be used as living space for both own living and renting.

Status and possibilities:
The land plot has the status of "Mixed Centre Development Area (JC39)" according to the Jūrmala Land Use and Development Regulations, which provides for a maximum building density of 30% and a building height of up to 20 metres (equivalent to a 5-storey residential building).

Professional assessment:
In 2020, a certified structural engineer carried out a detailed inspection of the building and confirmed that all structural elements of the building are in satisfactory condition and meet the necessary requirements for mechanical strength and stability. An official inspection report is available.

Individual adaptation:
With the extension of the original building volume, a corresponding design is currently under development, which can also be individually adapted to your needs by changing the configuration of the existing rooms or even the volume of the building.

>>> Contact us today and you could be the new owner of this property!