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A unique historical property located in Tornjakalns, one of the most dynamically developing and popular areas of Riga, where historical architecture is harmoniously combined with the modern urban environment and active development of business infrastructure, is offered for sale.
Built in 1901, the brick building with a total area of 1,062.3 m2 is located on a land plot of 2,301 m2, providing ample opportunities for reconstruction and implementation of various investment projects. The building includes three above-ground floors and a basement level, retaining its historical appearance and architectural value. The facility is connected to all urban engineering communications.
Today Tornjakalns is one of the most attractive areas of Riga for investment. In the immediate vicinity are the Academic Center of the University of Latvia, the Latvian National Library, the Daugava embankment and Arkadia Park. The historic city centre is only a few minutes away. Developed infrastructure, convenient transport links and rapid development of the district provide high investment attractiveness and long-term growth in the value of real estate. The facility is ideal for creating a modern office center, medical or educational clinic, company headquarters, space for creative industries, hotel project or other commercial concepts, as well as for residential living - apartments.
Main advantages: prestigious location in one of the most promising areas of Riga; historic building with authentic architecture; spacious land plot and ample opportunities for reconstruction and development; all urban engineering communications; Excellent transport accessibility and quick access to the centre of Riga. Real estate, combining historical value, strategic location and high investment potential. A rare opportunity to purchase a property with a unique character and significant potential for value growth in one of the most promising locations in the capital.
The facility is in the stage of preparation for reconstruction: dismantling is completed, the premises are cleaned.
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