Property building for sale, Pulkveža Oskara Kalpaka street, Jelgava / 195000€

Property description

A unique investment object is offered in the center of Jelgava - a three-story building with a total area of ​​715 m², the history of which speaks for itself.

This building is not just real estate - it is a witness to the history of Jelgava. Originally, before 1940, Jelgava Primary School No. 1 operated here. During the German occupation, it was registered in documents as "Paula Latvian Folk School". It was the only educational institution in Jelgava that was not affected by the bombing of World War II - at a time when most of the city was destroyed. The building still retains its original school status, which opens up additional opportunities for its future development.

Building characteristics:
- 1st floor - currently the Jelgava Vedic Culture Center operates (entrance from the courtyard)
- 2nd floor - residential area; part of the premises from the former driving school, part - preserved historical school buildings
- 3rd floor (attic) - construction work has begun; ready for the next stage of development
- Spacious and fenced yard

The building offers several development scenarios and visions:
- Residential - the building can be converted into up to 10 apartments (2 or 3 rooms), using the existing layout with minimal reconstruction costs
- Offices or service premises - the conveniently accessible location in the center is ideal for businesses
- For educational or cultural purposes, in accordance with the historical status of the building
- Mixed use - lower floors for commercial purposes, upper floors for apartments
- Kindergarten or development center. The premises built for the purposes of an educational institution retain their logic even today: spacious, with natural lighting and functional planning. The environment around the building creates an ideal ecosystem for a children's institution.

Location - active center of Jelgava with everything you need within walking distance:
- Ozolskvēras Park - right behind the property, green space for playing and walking everyday
- Bus station nearby, convenient connection for intercity transport
- Kindergartens, schools, municipal and state institutions nearby
- Grocery stores, polyclinic - within walking distance

This is a rarity on the market - a property with historical value, excellent location and real development potential. Suitable for an investor who understands that the best opportunities lie where history meets the future.

Object on the map