Commercial property in Riga, Latvia

For sale: two adjacent land plots in the center of Riga, with a total area of 889 m².
Multi-story construction is permitted (residential and/or commercial).
The area is designated for perimeter development.
When designing new buildings, the two plots can be combined.
Plot area at Vilhelma Purvīša Street 5 – 485 m².
Plot area at Vilhelma Purvīša Street 7 – 406 m².
The plots are located in the block bordered by Vilhelma Purvīša Street / Ģenerāļa Radziņa Embankment / Lastādijas Street, with convenient transport access and well-developed city infrastructure.

Mixed-use development status (JC8):
- construction of apartment buildings
- construction of office buildings
- construction of commercial or service facilities
- tourist and recreational institutions
- cultural, sports, educational, and scientific institutions
- healthcare institutions and others

All city utilities:
- gas, electricity, water, sewerage, telephony/internet

Two wooden houses from the 19th century were previously located on the plots. The buildings have been dismantled. Both removed houses are classified as culturally and historically significant.
When designing new buildings, historical façade elements (window rosettes) must be restored.

Location:
Close to Riga’s historical center, the central market and railway station, and the well-maintained, modern promenade along the Daugava River.

More information available by phone or email.