All photos

Shop – Old Riga, Riga, Latvia

3,850,000 €
1,196 € /m²
Learn the property location
Send the listing to yourself
  • Total area
    3,219 m²
Property parameters
  • 5-floor building

Property on Grecinieku Street with a view of the river Daugava.

For sale, a property built in 1888 at Grēcinieku street 34 with excellent views of the river Daugava and the Old Town of Riga.

- The total area of the building — 3219 m², usable area — 2992 m², basement area — 440 m², typical floor area — 520 m².

- The current main type of use of the building: Medical or health care institution buildings (1264), name of the building — polyclinic.

- A polyclinic has been located in the building for more than 50 years, the layout of the building corresponds to a medical institution.

- The building has 2 staircases and an elevator, all city communications are available.

- Currently, some rooms in the building are rented out to short-term tenants, the total annual rental income is EUR 19,000.

- The house is located in the very heart of Old Town of Riga — at the intersection of Grēcinieku street and 11. Novembra embankment, next to Akmens bridge and river Daugava.

- The windows of the building offer a view of the Daugava, the National Library of Latvia, Akmens bridge, Strēlnieku square and the houses of OldTown of Riga.

- In addition to the advantages of light and views, the property is located in the center of an active infrastructure, several restaurants, shops, a public transport stop is nearby, the average daily flow of people is 3200.

A sketch plan for a hotel with a 6th floor extension and 52 rooms has been developed for the building, with a total area of 4780 m² and a useful area of 3619 m², the sketch project envisaged the renovation of the building's historical balconies.

The best uses of the property: apartment building (also for small apartments), hotel or medical facility.

Additional information on request.

More properties

If this property wasn’t for you, take a look at other retail space for sale in Old Riga.

All ads in the country: retail space for sale in Latvia.

Learn more about this property
Ask the Destination Manager your questions
Learn more
    I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
    Marina Filichkina
    Marina Filichkina,
    Head of Sales
    Learn more
    Similar listings

    We select ads that may interest you.

    Not sure what to start with? Send an advice request
    Our expert will contact you to help with selecting real estate.
    Ask a question
      I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
      Sofia Bulanova,
      Senior Investment Consultant
      flag icon
      Dubai, UAE
      Tranio Global Real Estate, Ohmydesk Business Center, Al Fattan Downtown, 32d St, 103-104, Al Satwa Dubai, UAE
      flag icon
      Torrevieja, Spain
      Tranio LLC, Calle del Palangre, 14, 03182 Torrevieja
      flag icon
      Athens, Greece
      Tranio LLC, Vissarionos, 4, 10672 Athens
      flag icon
      Berlin, Germany
      Tranio Germany GmbH, Schlüterstraße 38, 10629 Berlin
      Send a request