Multifunctional Commercial Premises in the VERNISSAGE Complex

Multifunctional Commercial Premises in the VERNISSAGE Complex – in the center of Riga.

Commercial premises are offered in the prestigious VERNISSAGE complex at Tērbatas Street 2, one of the most sought-after and dynamic locations in central Riga - next to Vērmanes dārzs, Old Town Riga, and the city’s main infrastructure facilities.

The property consists of two functionally connected premises groups:
Tērbatas Street 2-8 – 691.5 m² (35 premises)
Tērbatas Street 2-1 – 278.2 m² (21 premises)
Total area: 969.7 m².

Type of use – Hotel or Public Catering Premises Group (1211), providing broad opportunities for the development of various hospitality and entertainment concepts.

The premises are particularly suitable for:
- a restaurant or lounge concept;
- premium bar or cocktail bar;
- cigar lounge or cigar club;
- wine studio;
- private club;
- event or representative premises;
- boutique hospitality concept.

The complex is located in a historic and architecturally valuable area with intensive pedestrian traffic and excellent access to public transportation. The surrounding area includes restaurants, hotels, offices, and cultural venues, ensuring strong commercial potential.

The spacious layout and multiple functional zones allow the property to be adapted both for an elegant premium concept and for a dynamic entertainment or hospitality environment.
The property is suitable both for investment acquisition and for long-term business development in one of the most recognizable locations in central Riga.

Additional information available upon request.