Land plot for a multi-apartment residential building near Riga W

A prospective land plot of 1947 m² is for sale at the intersection of Katrīnas and Umeo Streets.

Advantages:
Excellent location in the development center of Riga;
Suitable for the construction of a multi-story residential building.

Development Opportunities:
The previous building project included:

Construction of a 6-story residential building with 58 apartments;
18 parking spaces (both open and closed);
13 bicycle storage spaces.
Building Specifications:
Total floor area: 3031 m²;
Usable area: 2660 m²;
1st floor: commercial premises and parking spaces;
2nd-6th floors: 58 apartments (total usable area: 2476 m²);
Planned: 3 staircases and an elevator.

By redesigning the project, it is possible to increase the building volume by 800 m².

Infrastructure:
The property is located in a developing area with high demand for new projects.
Nearby: Quiet Center, Viesturdārzs Park, the new Skanste neighborhood, and Riga Waterfront.
Schools, kindergartens, shops, medical and sports facilities, as well as ample entertainment options, are in the vicinity.
Well-developed public transport infrastructure.

Investment Opportunity:
An attractive offer for investors due to its promising location and development potential.

p.s. We are considering changing the property to an apartment, apartments in Riga.