The buiding for renovation is located in the superb part of Riga — Merkela street, right across the Vermana park, the facade part of the building facing the side of the park. Nearby there are such important buildings as: the main building of the University of Latvia, Riga Latvian Society, National Opera, popular restaurants Biblioteka Nr 1 and Tokyo City. The Old town is in just several min. walk through a nice park — Bastejkalns. Also in the walking distance there are big shopping centers Origo and Stockmann, Riga Central Market, Riga Central Station, as well as the historical Berga Bazars. Commercial premises on the first floor and 23 apartments. The facades of the buildings are in good condition and do not require much investment.