The building was completed in 1900 and underwent renovation in 1979. Part of the building faces the Zolotoy Rog Bay which makes for an excellent view. Because of the architectural design, interior planning and building material (red brick) used, the building can be used to establish loft apartments as well as loft-style offices.
The property is located in the center district of Vladivostok. The neighborhood contains buildings with offices of regional and municipal authorities, office centers and residential apartment buildings. The location can be characterized by a high level of commercial activity.
Potential rent rate: 630 rubles(approx. $19)/sq. m/month (VAT included)
Potential annual income: ~37 million rubles (approx. $1.09 million)
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