Functional central property with stable rental income.

In the central part of Riga, on Kurbada Street, a multifunctional commercial property is offered for sale, distinguished by a highly practical use profile that is immediately understandable to investors. It is a detached building in a strategically advantageous location, with strong street visibility and convenient access for both customer traffic and day-to-day operational logistics. Properties of this scale and format within the central urban fabric are relatively rare, particularly when they combine functional flexibility, full occupancy, and a well-established technical foundation.

The asset comprises a land plot 1,422 m² and a building complex with a total area of around 1,284 m², organically integrating warehouse, retail and office functions. The current layout and pattern of use provide a compelling basis for a stock-office concept — a format that continues to enjoy strong demand in today’s market due to its efficiency, clarity and adaptability. Part of the premises is used for car service operations, while the remaining space accommodates retail and office functions, allowing the property to demonstrate in practice both its versatility and its commercial resilience.

The building was developed over the period from 1988 to 1998 and benefits from a durable, technically reliable structural base, including reinforced concrete foundations and floor slabs, silicate brick external walls, and two above-ground storeys. The property is connected to the city water supply and sewerage network and is served by autonomous gas heating. The premises have been maintained and adapted for contemporary use, with the necessary engineering systems in place, video surveillance installed, and the site complemented by an asphalted parking area and a fenced perimeter — all essential elements for secure and efficient daily operation.