A commercial building for sale in Old Riga...

€2 950 000
ID 134438 Uploaded 15.05.2026
Key features
Rental house Completion in 1986
Details
Property description
For sale  is offered office and apartment building located in the most prestigious area of Riga city - the Old Town.

History:
The building was built in 1986. Construction materials were delivered from all over the Baltic states according to Riga traditions; roof tiles were delivered from Lithuania, cast iron grates from Livani, section bricks for finishing of windows from Lode, windows - from Finland and decorative marble from Karelia.  The building blended perfectly in its surroundings representing a link between the modern Soviet period architecture and preserved historical buildings.

Advantages:
- Location - the center of stay for most tourists (historical places, squares, tourist routes, restaurants and cafes);
- Developed floor planning;
- Opposite a large car park.  

The proposal for building future use - a hotel.

The building is not an architectural monument.

Land plot area - 902 sq.m.

Total building area - 2682.10 sq.m.

1st floor -   376,60 sq.m. -  6 rooms;
2nd floor -  516,20 sq.m. - 17 rooms;
3rd floor -  514,40 sq.m. - 20 rooms;
4th floor -  440,20 sq.m. - 18 rooms;
5th floor -  339,40 sq.m. - 16 rooms;
6th floor -  137,80 sq.m. - 2 rooms.

Basement floor - 314,80 sq.m. Commercial premises of the basement floor could be used as a restaurant or a coffee shop, (there is an equipped kitchen for the restaurant).


 

Agency: Mercury Group Ltd
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