Rīga, Vecrīga, Grēcinieku iela

Rīga, Vecrīga, Grēcinieku iela

Property on Grecinieku Street with a view of the river Daugava

Price

3 050 000 €

Area

3 219 m2

Land plot

719 m2

Floor

5

For sale, a property built in 1888 at Grēcinieku street 34 with excellent views of the river Daugava and the Old Town of Riga. The total area of the building - 3219 m2, usable area - 2992 m2, basement area - 440 m2, typical floor area - 520 m2.
The current main type of use of the building: Medical or health care institution buildings (1264), name of the building - polyclinic. A polyclinic has been located in the building for more than 50 years, the layout of the building corresponds to a medical institution. The building has 2 staircases and an elevator, all city communications are available.
Currently, some rooms in the building are rented out to short-term tenants, the total annual rental income is EUR 19,000.
The house is located in the very heart of Old Town of Riga - at the intersection of Grēcinieku street and 11. Novembra embankment, next to Akmens bridge and river Daugava. The windows of the building offer a view of the Daugava, the National Library of Latvia, Akmens bridge, Strēlnieku square and the houses of OldTown of Riga. In addition to the advantages of light and views, the property is located in the center of an active infrastructure, several restaurants, shops, a public transport stop is nearby, the average daily flow of people is 3200.
A sketch plan for a hotel with a 6th floor extension and 52 rooms has been developed for the building, with a total area of 4780 m2 and a useful area of 3619 m2, the sketch project envisaged the renovation of the building's historical balconies.
The best uses of the property: apartment building (also for small apartments), hotel or medical facility.
Additional information on request.

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