Investment opportunity in a building with great development potential

Are you looking for a property with multiple usage options and significant value growth potential? This building offers an excellent opportunity to create a profitable development project.

The building has a well-thought-out layout - wooden stairs at both ends lead to the second floor, and a stone staircase in the center of the building connects the first, second, and attic floors. The spacious attic offers a great opportunity to build an additional floor or new rooms.

The first floor has been renovated and housed a production company until the end of 2025. The floor has the necessary infrastructure, including 4 WCs and 4 shower rooms, which creates a good prerequisite for transforming the building for accommodation or care services.

The second floor requires complete renovation, but this is precisely what gives the new owner the opportunity to design the spaces according to their vision and needs.

Possible uses:
apartment building or rental apartments;
hostel or guesthouse;
care home or supported living service;
company office and production spaces;
training or community center.

This is a property where the existing infrastructure and the building's capacity create a strong foundation for a successful development project. If you are looking for an object whose value can be significantly increased through thoughtful renovation, this property is definitely worth a closer look.

Lahe Kinnisvara is the MOST RECOMMENDED REAL ESTATE AGENCY in Estonia based on Google reviews!

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SUCCESSFUL PROPERTY SALE: our clients highlight the speed of sale, smooth process, confidence, and situations where the sale price was even higher. Contact us at www.lahekinnisvara.ee/maaklerid

FAST PROPERTY VALUATION: we employ the most nationally recognized experts and appraisers with 7th-level qualifications. Clients praise our thoroughness, speed, accuracy, and professional communication. Contact us at www.lahekinnisvara.ee/hindamine

RELIABLE RENTAL MANAGEMENT: we find a reliable tenant by conducting background checks and preparing legally correct contracts. Contact us at www.lahekinnisvara.ee/maaklerid

MANAGEMENT: to ensure your property is well-maintained, we manage properties in the owner's best interests and wishes. Contact us: www.lahekinnisvara.ee/haldus

COOPERATION WITH BANKS, so that Lahe Kinnisvara clients can get a good home loan offer. Ask your agent or appraiser for a flyer with more information.