"A historic gem in the Quiet Centre – Your next investment!"

We offer a rare opportunity to acquire a free-standing historic wooden building in Riga’s prestigious Quiet Centre. With a total area of 796.8 m², this exceptional property provides an outstanding potential for development into a premium office space, a commercial property, or an exclusive residence.

This building has a rich historical heritage – in 1921, it became home to the French Institute (L'Institut Français de Riga), which operated here until 1930, adding to its cultural and architectural significance.

The property sits on a 556 m² land plot and consists of four floors, including an attic and a semi-basement (-1 floor). The interior features 62 rooms of varying sizes and layouts, offering flexibility for different uses.

With vast development potential, this property can be transformed into high-end office spaces, a boutique hotel or luxury apartments, an exclusive residential project, or even a cultural or educational institution, preserving the building’s historic charm while giving it a new purpose.

This is a unique opportunity to invest in Riga’s architectural heritage and create a property of lasting value in one of the city’s most prestigious districts.
For additional information or to arrange a viewing, please contact us.