Commercial property in Riga, Latvia

Building plot for sale. possible construction of 30000m2 (25000m2 - office premises and 5000m2 - commercial premises.
- Underground parking for 350+ places.
- Expected profitability of the object - 6%+ per annum without taking into account the growth of rental rates and inflation.

SIA "Alberta Projekts”, considering the building regulations of the city of Riga, has developed a building proposal for the land plot with when. designation 01000260005, located at 187 Brivibas Street, Riga.The total area of the plot is 12509m2. The plot of land is located between Brīvības Street, Mazo Klijānas Street and Etnas Street. This plot of land is located in the territory of the historical center of the city of Riga, an urban planning monument of national significance, and in the protection zone of the historical center of Riga, a UNESCO World Cultural and Natural Heritage Site. According to the land register data, the land plot at 187 Brīvības Street, Rīga is encumbered with a road easement area (136m2) - Etnas Street, as well as the land plot is encumbered with the protection zones of the existing engineering networks.

In accordance with the building regulations of the city of Riga, the building plot at 187 Brīvības Street, Riga is located in a mixed construction area (JC). In accordance with the Binding Regulations of Riga City Council No. 34 Section 6.3 It is permitted to build commercial, trade and service facilities in the territory of mixed construction. In accordance with the Binding Regulations of Riga City Council of February 7, 2006 No. The construction of buildings with a maximum height of 24 m (p.267), which is 6 storeys, is permitted on the given plot of land, but the maximum building intensity of the land plot is 220% (p.466.1.5 in a 6-storey building).