Commercial premises, catering, hotel, trade, offices

  • 17.000.000€
Highlighted For Sale
6, Sadama,, Estland
Highlighted For Sale
Commercial premises, catering, hotel, trade, offices
6, Sadama,, Estland
  • 17.000.000€

Overview

Property ID: MC - 24585
  • Mixed Use, Retail
  • Property Type
  • 11.378,5
  • 5.017
  • Area m²

Description

Exceptional Commercial Building in Tallinn: A Multifaceted Investment Opportunity

Nestled in a prime location right next to the Viking Line port in Tallinn, this exceptional commercial building is a rare gem in the heart of the city. Built to the highest standards in 2001 and impeccably maintained, Sadamamarket comprises two impressive buildings, known as A and B, and offers a multitude of possibilities for savvy investors.

Key Features of Sadamamarket:

Four Floors of Opportunity: This expansive commercial building spans four floors, each brimming with potential for a wide range of businesses and ventures.

Functional Unity: The first and second floors of both buildings, A and B, blend seamlessly, creating a functionally unified space. This layout is ideal for department stores, sales booths with adaptable light partitions, and inviting catering areas.

Dining Elegance: On the first floor, Sadamamarket proudly presents not one, but two exquisitely decorated and furnished restaurants. These culinary havens provide a warm ambiance for guests and represent a golden opportunity for restaurateurs.

Upper Floors Unveil New Possibilities:

Offices, Entertainment, and More: Ascend to the third and fourth floors of this dynamic commercial building, and you’ll discover a world of opportunities. These levels house offices, catering and entertainment areas, and a luxurious 4-star hotel that was completed in 2020, boasting its own separate street-level entrance.

Stunning Sea Views: The commercial premises on the third and fourth floors open up to spacious terraces with breathtaking views of the sea and the charming old town. This captivating setting creates an exceptional environment for businesses and a memorable experience for guests.

Suveterrassi Rooftop Bar: Among the highlights of Sadamamarket is the Suveterrassi rooftop bar on the third floor. With room for approximately 150 people on the terrace alone, it’s a delightful spot for socializing and enjoying panoramic views.

Prime Location and Accessibility:

Convenient Layout: Sadamamarket boasts an exceptionally well-planned layout that complements its stellar location.

Nearby Landmarks: Beyond its proximity to the Viking Line port, this commercial building is conveniently situated near Porto Franco, the Old Town, the Rotermann quarter, City Hall, and the harbor for cruise ships.

Why Choose Sadamamarket:

Prime Location: Sadamamarket’s proximity to the Viking Line port ensures a constant flow of visitors, making it an ideal choice for businesses seeking a strategic location with high foot traffic.

Versatile Retail Space: The setup of Sadamamarket allows for a versatile range of businesses, from retail to dining, to flourish under one roof.

Modern Infrastructure: Built in 2001, Sadamamarket benefits from modern construction and infrastructure, ensuring a comfortable and functional environment.

Tallinn’s Vibrant Hub: Tallinn, the vibrant capital of Estonia, offers a dynamic economic landscape and a thriving community. Sadamamarket positions you at the heart of this bustling city.

Sadamamarket is not just a commercial building; it’s a canvas for innovation and investment. Whether you envision retail, dining, hospitality, or a blend of all three, this property provides the ideal canvas for your vision.

Seize this opportunity to own a piece of Tallinn’s thriving commercial real estate landscape. Contact us today to explore Sadamamarket and unleash its limitless potential for your business or investment portfolio.

  • Address 6, Sadama,
  • City Tallinn
  • Zip/Postal Code 10156
  • Country Estland

Details

  • Property ID: MC - 24585
  • Price: 17.000.000€
  • Total Area: 11.378,5 m²
  • Outdoor Space: 5.017 m²
  • Year Built: 2001
  • Property Type: Mixed Use, Retail
  • Property Status: For Sale
  • Current BTC Price: 75.789,00 € / 87.480,00 $
  • Current ETH Price: 1.425,80 € / 1.645,73 $
  • Risk Profile: Core, Core+, Value-Add
  • Nr of tenants: 80
  • Yield: 9%
  • Income Yield: Net
  • Ocuppancy (%): 75%
  • Rent increase (%): 6.7%
  • WALE in years: 4.5 years
  • Cost per Unit: 1.494,00€ /m²
  • Off-market property: 🔐 Private Listing

Additional details

  • 4**** Hotel : 48 Rooms
  • Elevators: 4
  • Small goods lifts: 2
  • Escalators: 4
  • Staircases: 7
  • Excellent views: of the sea, the central and old town

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Alexander Wolf
  • Alexander Wolf