An authentic 18th-century building in the heart of Old

Investment Opportunity in the Heart of Old Riga – Exclusive Historic Property

We offer a unique investment opportunity – an authentic 18th-century warehouse building in the heart of Old Riga, located at Vecpilsētas Street 10. The building's façade was reconstructed in the 19th century, and a major renovation was carried out in 2001. In 2021, floor reconstruction and concrete reinforcement works were completed.

Property Advantages:
✔ Exclusive Location – situated in the very heart of Old Riga, with high tourist and business activity.
✔ Historic Value – an authentic 18th-century architectural monument with a rich history.
✔ Development Potential – a reconstruction and renovation project has been designed by SIA “DUAL arhitekti”, including a planned elevator installation.
✔ Versatile Usage – can be developed into a hotel, rental apartments, entertainment venue, or other commercial property suitable for the dynamic Old Riga environment.

Building Structure and Areas:
Basement – 80.67 m²
1st Floor – 77.93 m²
2nd Floor – 96.11 m²
3rd Floor – 82.99 m²
4th Floor – 96.28 m²
5th Floor – 102.95 m²
Attic – 36.18 m²
Total Area: 573.11 m²
Investment Potential:
This property offers various development scenarios, from exclusive apartments and a hotel to commercial spaces or office premises. Given its prime location and high demand, this property ensures a solid long-term return on investment.

If you are looking for a high-value investment with a prestigious location, this property is the perfect opportunity!

Contact us to learn more and schedule a viewing!