Revenue house 5 197 m² in Riga, Latvia

We offer for sale an excellent investment property - a land plot of 1.7 hectares for reconstruction with an inspiring history and many possibilities for the future!

A set of two adjacent land plots: 15334m2 and 1636m2 with two existing buildings.

The main building is an excellent example of industrial architecture and is well known as the former bicycle factory of G. Ehrenpreis.
The current technical project for the first stage, prepared by the architectural company, vk includes reconstruction of the existing main building into an office center and construction of an above-ground parking lot.

The construction permit is valid until 09/04/2025.

The type of construction also allows for the construction of residential premises!

Description:
- mixed development zone of the center (JC2)
- total land area of ​​16970 m2;
- current electricity with a capacity of 2200 kW
- all other city communications: gas, water, heating, etc.
- the main street Brivibas runs next to the facility
- the street along the territory is an easement road in favor of this property
- railway tracks next to the property, the nearest station Zemitana is 16 minutes' walk away
- the area of ​​the existing main building is 5197 m²
- 5 high floors with open halls
- ceiling height from 3.50 m to 6 m
- the first stage project includes the reconstruction of the existing building to a total area of ​​6058 m² as a class B office center with public services and an above-ground parking for 162 parking spaces

Price 2100000EUR + VAT.