A historic five-story residential building for sale in the heart of Riga, at the corner of Sadovnikova and Lāčplēša streets.
This is a rare opportunity for investors interested in stable rental income or potential property redevelopment.
Key Features:
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Year of construction: 1915
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Total area: 1403 m²
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Usable area: 1263.7 m²
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Residential area: 953 m²
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Commercial area: 310.7 m² (store on the ground floor)
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Number of apartments: 12
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Number of floors: 5 above ground + 1 underground
Structural Features:
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Wall material: Brick masonry
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Ceilings: Reinforced concrete
Engineering Communications:
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Central heating
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Electricity supply
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Water supply (hot and cold water)
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Gas supply
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Sewerage
Advantages & Potential:
The building is historic but does not have heritage status.
Excellent location in a developed district of Riga with convenient transport connections.
Commercial space on the ground floor.
12 apartments, all rented out.
Possibility of redevelopment or renovation to increase profitability.
Within walking distance of shops, schools, universities, and public transport.
This property is an ideal choice for investors looking to acquire a reliable asset in the city center with potential for value and income growth.
