Property building for sale, Matīsa street, Rīga / 400000€

Property description

A multifunctional property is offered for purchase in the Central District of Riga, on one of the city's most active streets – Matīsa Street. The property has an excellent location and significant development potential.

Gross Building Area (GBA): 395 m²

Residential area: 159.4 m²

Commercial area: 235.1 m²

Land plot area: 908 m² (privately owned)

Building density: up to 60% of the land area is permitted for construction

The building holds heritage (monument) status.

Land and premises specifications:

The building consists of two above-ground floors and a basement

Commercial premises (1st floor): total area – 235.1 m²; ceiling height – from 1.90 to 2.80 m

The commercial space has a separate entrance and large display windows facing Matīsa Street

Residential space (2nd floor): total area – 159.4 m²; ceiling height – 3 m

Apartments have separate entrances from both the street and the courtyard

Utilities:

Connected to city water supply and sewage system

This property is a great opportunity for investors, developers, or entrepreneurs looking for a strategically located and versatile property in the heart of Riga.

For more information or to arrange a viewing, please get in touch!

• Finishing: requires capital repairs, Condition - renovated, Condition - not renovated
• Building description: pre-war period building, cultural monument
• Location: shops and cafes nearby, schools and kindergartens nearby, convenient public transport, intensive pedestrian traffic, intensive vehicle traffic
• Parking lot: parking in the courtyard, guaranteed parking space in the courtyard
• Communications: gas heating, city water supply, city sewage
• Security: closed courtyard

Object on the map