EXCLUSIVE INVESTMENT OPPORTUNITY IN THE HEART OF RIGA
€3 000 000
ID 148611
Uploaded 26.08.2026
Key features
Details
Property description
An exceptional opportunity to acquire the entire ground floor of Bibliotekas nams, one of Riga’s most iconic buildings, positioned on the prestigious corner of Krisjana Barona and Elizabetes Streets.
Originally constructed in 1910 for banking purposes, this elegant neoclassical building later became home to the National Library of Latvia. From 1956 until 2014, it served as the country’s main library, making it an important part of Riga’s cultural and architectural heritage.
During the comprehensive renovation of the property, the historic facade was restored and significant architectural elements were preserved, successfully combining historical character with modern commercial functionality.
The offering comprises the entire ground floor of the building, featuring premium retail and commercial premises with extensive street-facing display windows along Krisjana Barona Street and ceiling heights of approximately 4 metres.
Key advantages include:
• Prime corner location in Riga’s city centre;
• Exceptional pedestrian and vehicle traffic throughout the day;
• Immediate proximity to public transportation hubs;
• Directly opposite Vermanes Garden, one of Riga’s most prestigious and vibrant public parks;
• Walking distance to shops, restaurants, caf'es, hotels, the business district and the Central Railway Station;
• Only a five-minute walk from Riga Old Town.
All premises are fully leased and generate stable rental income, providing investors with immediate cash flow from day one.
The property is offered exclusively as a single asset and represents a rare opportunity to acquire a fully income-producing commercial investment in one of the most sought-after locations in the Baltic capitals.
A unique combination of prime location, architectural significance, strong tenant demand and secure long-term income.
Originally constructed in 1910 for banking purposes, this elegant neoclassical building later became home to the National Library of Latvia. From 1956 until 2014, it served as the country’s main library, making it an important part of Riga’s cultural and architectural heritage.
During the comprehensive renovation of the property, the historic facade was restored and significant architectural elements were preserved, successfully combining historical character with modern commercial functionality.
The offering comprises the entire ground floor of the building, featuring premium retail and commercial premises with extensive street-facing display windows along Krisjana Barona Street and ceiling heights of approximately 4 metres.
Key advantages include:
• Prime corner location in Riga’s city centre;
• Exceptional pedestrian and vehicle traffic throughout the day;
• Immediate proximity to public transportation hubs;
• Directly opposite Vermanes Garden, one of Riga’s most prestigious and vibrant public parks;
• Walking distance to shops, restaurants, caf'es, hotels, the business district and the Central Railway Station;
• Only a five-minute walk from Riga Old Town.
All premises are fully leased and generate stable rental income, providing investors with immediate cash flow from day one.
The property is offered exclusively as a single asset and represents a rare opportunity to acquire a fully income-producing commercial investment in one of the most sought-after locations in the Baltic capitals.
A unique combination of prime location, architectural significance, strong tenant demand and secure long-term income.
Agency: Mercury Group Ltd
