Renewed elegance and charm in Āgenskalns

Located in Āgenskalns, one of Riga’s most historic and sought-after neighbourhoods, just a few minutes’ drive from the city centre, this distinctive property combines historic architecture, a prestigious setting and versatile possibilities for use.

The property comprises two buildings set on a generous 1,802 m² land plot. The main building, with a total area of 791 m², was originally built as a private residence and has since been adapted to accommodate high-quality office spaces. A separate 145 m² building is also situated on the grounds and currently serves as an independent office.

Between 2006 and 2008, the property underwent a comprehensive reconstruction, preserving its historic character while incorporating modern infrastructure. In 2018, the façade was renovated once again and the surrounding grounds were landscaped. The smaller wooden building was newly constructed in 2007.
Historic Architecture and Refined Interiors
The main building extends over three above-ground floors and a basement level. Its architecture retains characteristic construction elements of the 1930s, including brick foundations and traditional wooden floor structures.

Inside, original architectural details are complemented by high-quality finishes and individually designed interiors. Wooden staircases, parquet flooring, sliding doors, high ceilings and exposed timber beams create an atmosphere of timeless elegance and distinctive character.

One of the interior's most remarkable features is a large built-in aquarium in the second-floor lobby, serving both as a decorative centrepiece and a stylish partition between the lobby, meeting area and lounge.

The buildings are equipped with air-conditioning systems, high-speed fibre-optic internet and 24-hour video surveillance. The premises are maintained in good technical and visual condition, providing an attractive and professional environment for business operations.
Investment Opportunities and Development Potential
The property is currently operated as a business-class office complex with established, financially reliable tenants. The future owner may continue the existing lease arrangements, benefiting from a regular rental income stream, or negotiate the vacation of the premises for personal business use.

An additional advantage is the development potential of the land plot, with the possibility of constructing up to 300 m² of additional building space, subject to applicable planning regulations and approvals.

The landscaped courtyard includes private parking for six vehicles, ensuring convenient access for both occupants and visitors.

This exceptional property presents an opportunity to acquire a historic building complex in one of Riga's most desirable neighbourhoods — whether as a long-term investment generating rental income or as a prestigious corporate headquarters with future development potential.