Rīga, Vecrīga, Pils iela

Rīga, Vecrīga, Pils iela
Rīga, Vecrīga, Pils iela

Prestige. Heritage. Value.

Price

1 150 000 €

Area

1 214 m2

Land plot

506 m2

Pils Street 21: A Landmark Address in the Heart of Old Riga
Historic building with prime visibility and versatile use potential, steps from Riga Cathedral and the seat of government.

This stately 19th-century masonry building offers more than just square metres – it offers presence. Located on Pils Street, one of the most culturally significant axes of Riga's Old Town, the property combines elegant heritage architecture with adaptive internal layouts suitable for administrative, educational, medical, or boutique commercial functions.

Key Details:
Address: Pils Street 21, Riga

Total area: 1,163 m² (3 floors + basement)

Land plot: 506 m²

Year built: 1850

Zoning: JC8 – Mixed Central Development

Condition: structurally sound with potential for modernization

Utilities: central heating, water, electricity, ventilation, sewerage

Strategic Advantages:
Located in the protected heritage zone of Old Riga

Suitable for office headquarters, consular services, education or hospitality

Multiple tenants possible, with current partial occupancy and cash flow

Representational façade and prestigious institutional neighbours

Fully state-owned with clear legal status

An investment in both prestige and permanence – ideal for organizations seeking a distinguished address or investors targeting long-term value in Riga’s most exclusive quarter.

Latvia Sotheby’s International Realty
Your trusted partner for refined investments and historic real estate in Latvia.

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