650 000 - ... €
909 - .../m²
Astro Kvartal, Laki tn 28
Mustamäe linnaosa, Tallinn, Harju maakond

  • 715 - null

2 512 €/month

Downpayment97 500 €(15%)
Period
Get a loan offer!
INVESTMENT OR OWNER-OCCUPIED OFFICE – Laki 19

For sale: the 2nd and 3rd floors of the Laki 19 office building – total area 715 m². Suitable both as an investment property with immediate cash flow or for use by your own company. The building is technically strong, the office premises were renovated in 2021, and the property is located in a well-established business area in Mustamäe.

FUNCTIONAL OFFICE SPACE

The premises are especially suitable for IT, engineering, finance, project management, or service companies. Also ideal for investors seeking stable cash flow with an estimated yield of approximately 8%.

The 2nd floor is 290 m² and the 3rd floor is 425 m². Both floors can also be sold separately, offering flexibility for owner-occupation or investment diversification. The layout is easily adaptable and can be converted into a more open-plan solution.

The owner currently operates on the 3rd floor together with two smaller tenants. If desired, the premises can be vacated within 2–3 months, allowing the entire floor to be used by the new owner. Currently, approximately 70% of the space is leased to four tenants, providing immediate rental income.

Typical rental rates in the area are €6–6.5/m², while office-by-office layouts can achieve up to €8/m², offering clear growth potential for investors.

TECHNICALLY ADVANCED BUILDING

The 5-storey building was constructed in 2000 and renovated in 2021. It features a practical square-shaped layout enabling efficient space utilization.

All rooms are equipped with heat recovery ventilation systems (floor-based units), and most working areas also have room-based cooling. Previously, the same premises were occupied by an IT company with nearly 100 employees, demonstrating the capability and reliability of the building’s technical systems.

ESTABLISHED BUSINESS DISTRICT

Laki 19 is located in the active Mustamäe business district, home to several well-known companies. The location offers excellent logistics for both employees and clients, with convenient access to the city center and major highways.

The area is valued for its practicality and cost efficiency — companies benefit from a representative and functional office environment without city center pricing.

FLEXIBLE PARKING

There are approximately 20 parking spaces in front of the building, around 70 parking spaces directly across the street, and an additional 40–50-space parking area nearby.

Experience has shown that even during peak occupancy, when nearly 100 people worked in the building, parking issues did not occur. This is a significant competitive advantage in the Mustamäe area.

ADDITIONAL INFORMATION

Sale price: €650,000 + VAT (€909/m²).

The transaction can also be structured as a sale-leaseback arrangement, where the current owner remains as a tenant — target yield approximately 8%.

The property can be acquired either as an income-generating investment or vacated for owner-occupation.

If you are looking for a reasonably priced, technically capable, and flexible office space in the heart of Mustamäe’s business district, this offer is for you.

Get in touch to discuss both investment and owner-use opportunities.

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Project timeline

  • Planning
  • Under construction
  • Applying for usage permit
  • Usage permit given
  • Move-in ready

Properties available in Astro Kvartal

PriceSize
650 000 €715 m²
Ad info updated: 12.05.2026, 08:23
%
%
Downpayment
97 500 €
Loan amount
552 500 €
Total repayment amount
904 320 €
Total interests costs
351 820 €
Monthly installment
2 512 €
Get a loan offer!
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