Stopiņu iela 5, Rīga, Dārzciems

Industrial Property with Cash Flow and Development Potential – Stopiņu Street, Riga
The property is located in a strategically advantageous area between Riga city centre and Purvciems, in one of the most densely populated parts of the city, with more than 100,000 residents in the immediate surrounding area. Convenient access is provided both by car and by public transport.
The property consists of 4 land plots with a total area of 5,794 m² and buildings with a total gross area of 11,279.4 m².
Building Composition and Areas
Production building – 9,929.4 m²
(production premises 8,724.7 m², offices 672 m², technical premises 58.2 m², common areas 474.5 m²)
Shop/gatehouse building – 136.5 m²
Garage building – 192 m²
Warehouse – 425.1 m²
Warehouse/canopy – 488.4 m²
Additional warehouse – 108 m²
Ceiling height in the production building: up to 8.3 m.
The property includes 2 freight lifts and 2 passenger lifts, with floor load capacity of 2 t/m².
Utilities and Infrastructure
building constructed in 1989
city water supply and sewerage
gas heating
industrial power supply with connected capacity of 560 kW
on-site substation with substantial electrical capacity reserve
fenced, asphalted territory with transport access
Existing Cash Flow
38 tenants
approximately 5,572 m² currently leased (49.5% of total area)
net rental income of approximately EUR 15,500 per month
current average rental rate of approximately EUR 2.79/m²
part of the premises is used by the owner’s company; in addition, approximately 800 m² is currently being prepared for lease
Development Potential
The property is suitable for phased development by improving the currently unused areas and optimising the lease structure. Considering the location and layout of the premises, the property is particularly well suited for the development of a workshop, storage, studio, and small business centre.