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3 900 000 €

Commercial property in Riga, Latvia, 1 500 m²
  • Commercial property in Riga, Latvia, 1 500 m² - picture 1
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  • Commercial property in Riga, Latvia, 1 500 m² - picture 1
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  • Commercial property in Riga, Latvia, 1 500 m² - picture 8
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  • Property ID on Prianproperty.com: 4033371
    Property ID on company's website: 182273
    Last update: 07.07.2025
    Number of views: 186

3 900 000 €

Commercial property in Riga, Latvia, 1 500 m²

1500 sq.m

  • Property ID on Prianproperty.com: 4033371
    Property ID on company's website: 182273
    Last update: 07.07.2025
    Number of views: 186

Specifications

Sale price 3 900 000 €
Price per square meter 2 600 €
Floor area 1 500 m²
Construction phase Resale
Number of storeys 6
Floor 1
Address Latvia, Riga, Kungu

Description

Exclusive Commercial Opportunity in the Heart of Old Riga — a Unique Property with Unlimited Possibilities!
An prestigious business property located in one of Europe's most sought-after districts — Old Riga. Originally designed as a hotel, this building is perfectly suited for a variety of projects: from an office center and shopping complex to an upscale residential development.

Property Highlights:
Total area of 1,500 sq. m. The basement features technical rooms, auxiliary areas, and a professionally equipped kitchen — ideal for a restaurant or café.
The first floor with a reception and cozy lobby creates a welcoming atmosphere for your clients and guests.
From the 2nd to the 6th floor — 34 elegant rooms with panoramic views of Riga’s main attractions: House of the Blackheads, St. Peter’s Church, Daugava River, and the picturesque Old Town.

High-Quality Materials and Architecture:
The facade is clad in premium black granite, weather-resistant and maintaining its appearance for years.
The roof is made of natural copper, which over time develops a noble malachite-green hue, emphasizing the historic charm of Old Riga.
Built from monolithic concrete with full engineering systems — communications and ventilation — and without interior finishes, providing complete freedom to design the interior according to your needs.

Versatile Use:
This property is suitable for both commercial purposes and the development of a luxury residential complex or hotel — endless possibilities in one of Riga’s most beautiful and historically significant districts.
Contact us today for more information and to arrange a viewing.

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International properties
Languages: english
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Seller
Your consultant International properties

Mercury Group

Languages: english
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