Rental yield 7.3%, installment payment available!
Total area 95.6 m², apartment ownership, stone house
Heating and ventilation: central heating
Additional information: parking not free parking, street entrance, separate entryway, electricity, show case windows
Sanitary arrangements: ventilation, urban water
Neighbourhood: location in the center location, surrounding buildings apartment buildings, roads in good condition roads, Tallinna laht sea
A commercial unit with stable rental income is for sale in the highly valued Porto Franco district, located at Poordi 1. This is a unique location at the intersection of Tallinn’s Old Town, city center, and harbor - an area developing into the city’s new hub and bringing urban life closer to the seaside than ever before.
The business premise can also be purchased in installments!
INVESTMENT
This is an income-generating commercial space in one of the most перспективных areas of central Tallinn.
The gross yield of the property is approximately 7.3% per year.
The space is leased to a reliable tenant who has invested in their business and expressed a desire to extend the lease, providing the investor with stable and predictable cash flow going forward.
BUILDING
The building was completed in 2017 and constructed by Merko. It is a six-story, energy-efficient building, with commercial premises on the first two floors and residential apartments on the upper floors.
The structure is made of монолитный reinforced concrete and is equipped with all modern technical systems, ensuring high-quality and durable use.
COMMERCIAL SPACE
The unit measures 95.6 m² and is located on the ground floor at street level, with a separate entrance directly from the street. A floor-to-ceiling glass façade on two sides provides excellent visibility and natural light.
The space features a spacious and flexible layout, ceiling height of approximately 4 meters, air conditioning, and smart building solutions. Utility costs are low.
An additional value is a prepared project for a terrace, offering extra business potential, especially for the food and beverage sector.
INTERIOR & ADDED VALUE
The space is currently used as a restaurant and can be sold together with all furnishings and equipment, which are included in the price. The inventory has been in use for approximately 12 months and is in very good, almost new condition.
This allows the new owner to immediately continue with the existing concept or adapt the space to their own business needs without significant additional investment.
PARKING
An underground parking garage is located beneath the building, offering convenient parking for clients and staff. The area is also easily accessible on foot and by public transport.
SURROUNDINGS
Porto Franco is one of Estonia’s most modern waterfront environments for living, business, and commerce, located at the intersection of Tallinn’s Old Town, city center, and the so-called Golden Mile.
It is a fully integrated urban development combining high-quality commercial spaces, services, leisure opportunities, and harbor infrastructure. The area’s architecture, openness, and functionality create a modern urban space regarded as Tallinn’s new city center.
Rapid development and a growing number of visitors support the increase in property value and ensure strong long-term investment potential.
If you are interested, please get in touch to arrange a suitable time to visit the property.
