A chance to invest in Riga’s future landmark.

Teātra 9, Riga — a heritage gem with outstanding development potential
Latvia Sotheby’s International Realty proudly presents a unique opportunity to acquire this majestic six-storey building at Teātra Street 9, right in the heart of Old Riga. Built in 1903–1904 by renowned architects Heinrich Scheel and Friedrich Scheffel, it embodies the elegance of eclectic decorative Art Nouveau, which today stands as both an architectural heritage and a mark of prestige.

Prime location
Situated in Old Riga, within the UNESCO World Heritage zone — just steps from Town Hall Square, Galerija Centrs and prestigious hotels. It’s a quarter where the historical spirit meets vibrant modern cultural and business life.

An architectural masterpiece
The façade is adorned with exquisite Art Nouveau elements: floral ornaments, bas-reliefs of Greek mythological figures and a monumental tower crowned by a group of Atlases by sculptor August Volz.

High ceilings, original wooden details and stained glass create an ambiance breathing history and refinement.

Development potential
Currently functioning as a commercial property (embassies, offices, shops), the building’s structure and location offer vast possibilities to transform it into a luxury residential project or mixed-use concept:

Upper floors could house exclusive apartments overlooking Old Riga’s church towers.

Ground floor and semi-basement are perfect for high-end boutiques or fine dining.

The protected cultural monument status and UNESCO location ensure long-term investment security and value growth.

Get in touch for more details;
This is a rare chance to invest in Riga’s unique heritage, awaiting your vision to bring it new life.
📧 [email protected]
📱 +371 24877888

Latvia Sotheby’s International Realty
Your trusted partner for exquisite real estate in Latvia.