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Commercial premises for sale

230,000 €
2,300 € /m²
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  • Total area
    100 m²
  • Yield
    4.6 %
  • Rental rate (m²/month)
    9 €
  • Built in 
Property parameters
  • Leasable area: 100 m²
  • 6-floor building
  • 1 floor
  • Occupancy: 1 %
  • End of lease: 2021
Property status
  • Most recent total renovation: 2015

The building is located in the Quiet center, which is one of the most prestigious districts of Riga.

The light and luxurious property was built in 1910 according to the design of the famous German master Arthur Medlinger and in 2015 the building is being renovated, as a result of which the modern technologies allow preserving the historical charm of the building and increasing the comfort level.

It is equipped with 27 comfortable apartments of a premium class. On the top floor are two-storey penthouses with huge panoramic windows. On the underground level there is a garage and storage rooms, for convenience connected by a lift to the residential floors.


At the moment, there is a tenant with a contract for 4 years.

Location and nearby infrastructure

Within walking distance is the Old Town, the Daugava embankment with yacht club, cozy parks, restaurants, shops.

  • Property on the map
    Location right down to the building, street or city
  • Panoramas
    Virtual tour along the streets of the neighbourhood
  • Infrastructure
    Shops, schools, transport and entertainment

More properties

If this property wasn’t for you, take a look at other mixed-use buildings for sale in Latvia.

You can see more mixed-use buildings for sale in Central District elsewhere on our website.

Statistics in Riga

Price per m², €
Healthcare efficiency level
Index 62 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
Index 62 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 1,732.56
Apartment in a bedroom community, m² 1,076.71
Transport Price, €
Public transport, 1 ride 1.15
Monthly travel card 50.0
Taxi, 1 km 0.62
Petrol, 1 l 1.25
Food Price, €
Water, 1.5 l 0.59
Milk, 1 l 0.9
White bread, 500 g 0.85
Eggs, a dozen 1.65
Chicken fillet, 1 kg 5.26
Education Price, €
Kindergarten, per month 321.67
International school, per year 10,823.53
Health care index
Staff competence 67.76
Medical equipment 70.83
Research accuracy and completeness 63.0
Attitude towards patients 60.86
Security index
Crime rate 38.04
The risk of being robbed 32.0
The risk of car theft 46.81
The risk of break-in and property damage 46.9

The data is provided by and based on the answers of its users.
Tranio does not guarantee its reliability.

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