+44 20 3608 1267
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Commercial and office building in the centre of Riga!

7,000,000 €
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Total area: 4,000 m²
  • Land area: 2,058 m²
  • 6-floor building
  • 6 floor

Commercial property with retail business is offered for sale! The building situated in the centre of Riga opposite the Radisson Blu hotel Latvia.

- The 6-story building area is 4000 sq. m.

- Land area – 2058 sq. m.

- All premises in the building are equipped with ventilation and air conditioning system.

- There are 2 elevators in the building.

- Secure fenced and gated car yard parking for 50 vehicles.

There is an approved building permission for 4-story office building construction of total area 1693.7 sq. m.

The building includes:

1st floor: 475,09 sq. m. (fully-equipped gambling room with 35 slot machines), a dressing room, gambling room for BINGO equipped for 150 persons, bar, sanitary rooms, utility rooms, a kitchen.

2nd floor: 467,86 sq. m. (banquet and function hall, utility rooms);

from 3rd up to 6th floor: office premises of total area 2146.74 sq. m. which currently are rented out;

ground floor: 433,51 sq. m. (there is currently a nightclub).

All ganbling equipment has been certified according to Latvian law.

Validity of the license for the gaming business is termless — with indefinite renewal every year in the month of November.

Extension fee is approx. 35,571 EUR (or 25, 000 LVL).

We can help you with your Latvian residency permit application when buying a property worth €250,000 or more.

Location and nearby objects

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Free advice on real estate in Riga
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