Rīga, Āgenskalns, Mārtiņa iela

Rīga, Āgenskalns, Mārtiņa iela
Rīga, Āgenskalns, Mārtiņa iela

Art Nouveau Office Building in Āgenskalns

Price

1 525 000 €

Area

960 m2

Land plot

1 386 m2

Floor

2

Amenities

  • Electricity
  • Gas
  • Internet
  • Water
  • WC Separately
  • High ceilings

Description

Located in the historic and green district of Āgenskalns, at 9 Mārtiņa Street, this exceptional Art Nouveau office building, constructed in 1909, offers a rare combination of architectural heritage and modern functionality. Designed by renowned architect Heinrich Pirang, the property is currently fully utilized as a high-quality and representative office building.

The property is situated on a 1,386 m² land plot and provides 960 m² of office space, complemented by a gated courtyard with 9 parking spaces, with the possibility to expand up to 18 spaces. This infrastructure ensures a high level of convenience for both employees and visitors.

The building is well maintained and in excellent technical condition. The façade and roof were renovated in 2021, followed by a full interior renovation in 2022. The interior is bright, elegant, and welcoming, featuring carefully preserved and restored original elements such as parquet flooring, cast-iron radiators, decorative ceilings, and wooden windows.

The layout is functional and adaptable. Individual offices, generous common areas, and a spacious hall allow the building to be tailored to various office concepts, educational or consulting uses, as well as other administrative or service-oriented activities. An additional advantage is the potential to develop a 185 m² attic floor, significantly enhancing the long-term value and flexibility of the property.

The building is equipped with all essential engineering systems and security solutions. The landscaped surroundings and quiet environment provide a comfortable working atmosphere. The property’s configuration and location also allow for future adaptation to specialized service functions, including healthcare, wellness, or consulting services, if required.

An important benefit for investors:
the current owners have expressed their intention to remain in the property as tenants for at least one year following the sale, offering a stable transition period and predictable rental income for the new owner.

This property represents a high-quality investment opportunity, combining a prestigious location, architectural distinction, and flexible long-term use potential.

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