Commercial property 3 219 m² in Riga, Latvia

Property on Grecinieku Street with a view of the river Daugava.

For sale, a property built in 1888 at Grēcinieku street 34 with excellent views of the river Daugava and the Old Town of Riga.

- The total area of the building - 3219 m2, usable area - 2992 m2, basement area - 440 m2, typical floor area - 520 m2.
- The current main type of use of the building: Medical or health care institution buildings (1264), name of the building - polyclinic.
- A polyclinic has been located in the building for more than 50 years, the layout of the building corresponds to a medical institution.
- The building has 2 staircases and an elevator, all city communications are available.

- Currently, some rooms in the building are rented out to short-term tenants, the total annual rental income is EUR 19,000.
- The house is located in the very heart of Old Town of Riga - at the intersection of Grēcinieku street and 11. Novembra embankment, next to Akmens bridge and river Daugava.
- The windows of the building offer a view of the Daugava, the National Library of Latvia, Akmens bridge, Strēlnieku square and the houses of OldTown of Riga.
- In addition to the advantages of light and views, the property is located in the center of an active infrastructure, several restaurants, shops, a public transport stop is nearby, the average daily flow of people is 3200.

A sketch plan for a hotel with a 6th floor extension and 52 rooms has been developed for the building, with a total area of 4780 m2 and a useful area of 3619 m2, the sketch project envisaged the renovation of the building's historical balconies.

The best uses of the property: apartment building (also for small apartments), hotel or medical facility.
Additional information on request.