House of Culture

The former Railway Workers' House, which was built in 1976 and after reconstruction in 2002 operates as a cultural and business centre of Moscow, is for sale. The five-storey building, which also includes one underground floor, covers a total area of 4482.4 m². The building is known for its unique architecture and has been a venue for cultural events, previously hosting theatre performances, film screenings and other cultural events.

The property is located in the city centre of Riga, in the quarter formed by Marijas, Alfrēda Kalniņa, Kr.Barona and Merķeļa Streets. The neighbourhood is well developed and prestigious, characterised by intensive pedestrian and traffic flows, which provides easy access to the property. The property is fully equipped with all necessary communications, including electricity, water supply, sewerage and central heating. The land area of the property is 966 m².

The auction for the immovable property at 7 Marijas Street will take place from 20 August to 19 September, and the deadline for applications is 9 September. The starting amount of the auction is set at EUR 3.57 million with a bid of EUR 10 000.