Develop. Reposition. Profit.

Lāčplēša Street 106, Riga — central city-block development complex with a 5,597 m² land plot and ~5,783 m² above-ground interior area

A multifunctional property for sale in the very centre of Riga — a built 5,597 m² land plot within the block bordered by Lāčplēša, Firsa Sadovņikova, Dzirnavu and Abrenes Streets. The location offers excellent access and full urban infrastructure: public transport (bus, tram, trolleybus) within easy reach; Central Railway Station ~1.0 km, Coach Terminal ~1.2 km. Functional zoning — JC8 (Mixed-use Central Development Area) — enables a wide spectrum of uses: residential, offices, retail/services, education and other public functions.

The complex comprises two main buildings and several auxiliary structures. Former dormitory building (1964; 5 floors), total area 3,374.6 m²; Teaching/academic block (1970; 4 floors), total area 2,408.7 m². In addition: storage 36.1 m², garage 272.5 m², canopy 106.5 m². Power supply is registered for both main buildings; central utility networks are available on Abrenes Street; during the period of non-use certain systems have been disconnected/dismantled.

The rational structural grid and urban scale allow replanning to modern needs — from rental apartments or co-living, to a student accommodation concept, an office centre with active ground-floor services, or a broader mixed-use scheme. The JC8 zoning supports both residential and commercial utilisation (offices, services, education, culture, etc.), providing investors with flexibility and multiple exit scenarios.