CASH FLOW OBJECT FOR SALE IN THE OLD TOWN | 171.7 m² BUSINESS AREA ON LONG STREET
239 000 €
Ad ID: 1639
General info
| Price | 239000 € |
| Area Size (m²) | 171.7 |
| City / County | Tallinn |
| Price per m² | 1391.96 € |
| Cadastre | 78401:101:0740 |
| Ownership Type | Apartment ownership |
| Condition | In good condition |
| Energy Certificate | None |
| Purpose of Use | Investment Property |
| Lease Agreement Available? | Yes |
| Floors | -1/4 |
| Year Built | 1940 |
| Parking Available? | No |
Request Info or Send Offer
Description
Are you looking for a stable and prestigious investment for your portfolio? Commercial premises with an excellent location in the heart of Tallinn's Old Town have come up for sale, offering immediate rental income and long-term value growth.
Basic data of the object:
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Location: Pikk tn, Vanalinn, Tallinn
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Total area: 171.7 m²
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Intended use: Commercial space (currently used as a bar)
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Status: Operating cash flow object (valid lease)
Why choose this particular investment?
1. Solid cash flow and stability The space is covered by a long-term lease. It is a functioning entertainment establishment (bar) that guarantees the investor a worry-free return from day one.
2. Good location The long street is one of the bustling areas of the Old Town, which is visited by a heavy stream of tourists and locals throughout the year.
3. Additional potential for the summer period The possibility of installing an outdoor terrace along Pika Street (in accordance with city approvals), which significantly increases the attractiveness and value of the surface in the eyes of catering operators.
4. Flexibility and value growth The spacious layout (171.7 m²) allows the space to be adjusted in the future according to the needs of the market - be it a restaurant, boutique shop or exclusive service space. Old town real estate is a limited resource that maintains and increases its value over time.
Who is this offer for?
It is an ideal choice for a real estate investor who appreciates the location and wants to complete his portfolio with an object with high liquidity even years from now.
Get in touch and ask for more detailed information (yield, rental conditions):
📧 Email: info@ restate.ee 📞 Telephone: +372 640 0350 🌐 Homepage: restate.ee
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