Commercial property 2 812 m² in Riga, Latvia

Latvia, Riga
Archive cost $1,80M
Sold or out of date
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Updated at: 18/03/2025

Location

Country: Latvia
City: Riga
Address: Ogres iela

Building parameters

The year of construction: 1972

Property parameters

Total area: 2 812 m²

Description

A complex for sale in the area of Krasta Street, consisting of a four-story building and a sports complex (conference hall).
The buildings are located on a plot of 3745 m2.
The total area of the two buildings is 2812.1 m2.
Good location and infrastructure.
Convenient access, paved road.
An ideal place for multi-apartment development, for the development of a business, office center and other purposes.
Possibility of separately purchasing a plot of land and a 4-story building.
There is an agreed project to change the status of a 4-story building - into apartments, a total of 30 apartments, ranging from 31 m2 to 71 m2. The building has an elevator. The project for insulating the façade of the building has been approved.

1) Four-story building:
It is possible to change the status to residential or other.
At the moment it has the status of a hotel, retail, office.
- total area 2016.1 m2,
- double-glazed windows were replaced, the heating system was replaced, new radiators, new roofing on the roof.
- good technical condition of the premises, the premises are ready, white and gray finishing.
- the façade insulation project was agreed upon
- reinforced concrete/concrete foundation, brick walls, reinforced concrete/concrete floors, roofing material/soft roofing.

2) Sports complex (conference hall)
- sports complex area: 792.1 m2
- reinforced concrete/concrete foundation, brick walls, reinforced concrete/concrete floors, roofing material/soft roofing.

The land plot is located in a mixed development zone (JC2):
- max. number of floors up to 6 floors
- max. building intensity 220%
- max. possible construction area up to 8239 m2.

Communications:
- connection to central power grids, city water and sewerage, city heating.

Place:
- located in the area of Krasta street
- nearby LIDO restaurant, TC Acropole, schools, kindergartens.
- 5 km from the center of Riga
- convenient transport links and access to the city center
- next to the Institute of Transport and Communications; Baltic International Academy, etc.

More information by phone or e-mail.

Location

Latvia, Riga