Investment 691 m² in Riga, Latvia

Latvia, Riga
Archive cost €3,50M
Sold or out of date
Updated at: 22/04/2021

Location

Country: Latvia
State: Vidzeme
City: Riga

Building parameters

Number of floors: 5

Property parameters

Total area: 691 m²

Description


For sale is offered historical building located right in the heart of Old Town - facing Dome square. This is one of the most beautiful buildings build in Old Town, build in year 1901. In 2009 building was totally reconstructed and is kept in good condition, facade was totally restored, special lighting system installed.
Total size of the building is 914 m2 , including basement. Total rentable space is 691 m2.

Currently building is rented to an apart hotel and bar/ restaurant on the 1st and 2nd floor ( total size of 283 m2).

Developing potential:

style and design of the Hostel might be changed to Boutique Hotel level
mansard floor might be add, that will allow to increase total size of the building up to 100 m2.
basement floor might be also renovated and use as the bar/ restaurant

Features

  • Beauty salon
  • Store
  • Restaurant
  • In the big city
  • Children's playground
  • Gym

Location

Latvia, Riga