An investment property for sale near the center of Riga
€2 100 000
ID 114081
Uploaded 31.10.2025
Key features
Details
Property description
We offer for sale an excellent investment object - a plot of land with an area of 1.7 hectares and buildings for reconstruction with an inspiring history and many opportunities in the future!
A set of two adjacent plots of land: 15,334 m² and 1,636 m² with two existing buildings.
The main building is an excellent example of industrial architecture and is well known as the former Ehrenpreis Bicycle Factory.The current technical project for the first stage, prepared by the architectural company, includes the reconstruction of the existing main building into an office center and the construction of an above-ground parking lot.
The construction permit is valid until 04.09.2025.
The type of building allows you to build residential premises as well!
Description:
- mixed development zone of the center (JC2)
- total land area of 16,970 m
- operating electricity with a capacity of 2,200 kW
- all other urban communications: gas, water, heating, etc.
- the main street of Brivibas runs next to the object
- the street along the territory is an easement road in favor of this property
- railway tracks next to the object, the nearest Zemitana station is a 16-minute walk
- the area of the existing main building is 5,197 m
- 5 high floors with open halls
- ceiling height from 3.50 m to 6 m
- the first stage project includes the reconstruction of the existing building to a total area of 6,058 m² as a class B office center with public services and ground parking for 162 parking spaces
The price is 2,100,000 EUR + VAT.
A set of two adjacent plots of land: 15,334 m² and 1,636 m² with two existing buildings.
The main building is an excellent example of industrial architecture and is well known as the former Ehrenpreis Bicycle Factory.The current technical project for the first stage, prepared by the architectural company, includes the reconstruction of the existing main building into an office center and the construction of an above-ground parking lot.
The construction permit is valid until 04.09.2025.
The type of building allows you to build residential premises as well!
Description:
- mixed development zone of the center (JC2)
- total land area of 16,970 m
- operating electricity with a capacity of 2,200 kW
- all other urban communications: gas, water, heating, etc.
- the main street of Brivibas runs next to the object
- the street along the territory is an easement road in favor of this property
- railway tracks next to the object, the nearest Zemitana station is a 16-minute walk
- the area of the existing main building is 5,197 m
- 5 high floors with open halls
- ceiling height from 3.50 m to 6 m
- the first stage project includes the reconstruction of the existing building to a total area of 6,058 m² as a class B office center with public services and ground parking for 162 parking spaces
The price is 2,100,000 EUR + VAT.
Agency: Mercury Group Ltd
