Property building for sale, Matīsa street, Centrs / 395000€450000€Reduced price!

Property description

A property is offered for sale in the central district of Riga, on one of the city’s most active streets — Matīsa Street — featuring an excellent location and wide development potential.

Key figures:

GBA — 395 m²

Total residential (apartment) area — 159.4 m²

Total commercial area — 191 m²

Land plot area — 799 m² (freehold / in ownership)

Land zoning: development is permitted on up to 60% of the plot area

Commercial premises on the 1st floor (43.5 m²) are offered for sale separately.

Building and premises details:

The building consists of two above-ground floors and a basement;

Commercial premises (1st floor):
– total area — 235.1 m², of which 43.5 m² are sold separately;
– ceiling height — from 1.90 m to 2.80 m;

The commercial premises have a separate entrance and large display windows facing Matīsa Street;

Residential premises (2nd floor):
– total area — 159.4 m²;
– ceiling height — 3.0 m;

The apartments have separate entrances both from the street side and from the inner courtyard.

Utilities:

Connection to the city water supply and sewerage networks.

This property represents an excellent opportunity for investors, developers, and entrepreneurs seeking a strategically located and versatile property in the centre of Riga.

For more information or to arrange a viewing, please contact us.

• Finishing: requires capital repairs, Condition - renovated, Condition - not renovated
• Building description: pre-war period building
• Location: shops and cafes nearby, schools and kindergartens nearby, convenient public transport, intensive pedestrian traffic, intensive vehicle traffic
• Parking lot: parking in the courtyard, guaranteed parking space in the courtyard
• Communications: gas heating, city water supply, city sewage
• Security: closed courtyard

Object on the map