Multifunctional Property for Sale in Teika
A representative and solid brick building is offered for sale in one of Riga’s most sought-after neighborhoods – Teika. The property is suitable for residential use, business activities, or long-term investment purposes.
The total building area is 485 m², with an additional 75 m² garage/storage building. The property is situated on a spacious 1,435 m² land plot with a fenced territory and convenient access.
The main building consists of two above-ground floors and a full basement level. It is constructed of masonry with thick walls, wooden intermediate floor structures, and plank flooring. Ceiling height is approximately 2.85 m, creating a sense of spaciousness and providing comfort for a variety of uses.
The basement level includes a sauna area, recreation rooms, utility rooms, and space for additional functions. The building features several bathrooms, space for kitchen installation, multiple entrances and exits to the courtyard, as well as spacious staircases connecting the floors.
The property is connected to all city utilities, including water supply, sewage, hot water, and central heating.
Additionally, there is a separate 75 m² garage/storage building, suitable for large vehicles, minibuses, equipment storage, workshop use, or warehousing purposes.
The territory is spacious, green, and enclosed, with opportunities to create additional parking spaces, recreational areas, or further commercial development.
Excellent Location
Quiet center of Teika
Close to Domina Shopping
Schools and kindergartens within a few minutes' distance
Cafés, restaurants, and shops nearby
Convenient access to Brīvības Street
Public transportation within walking distance
Riga city center approximately 10 minutes away by car
Suitable For
Office or company headquarters
Private clinic or medical center
Kindergarten or educational institution
Rehabilitation center
Guest house
Premium-class private residence
Investment project
Properties of this scale and versatility in Teika rarely become available on the market. An excellent opportunity to acquire real estate with high added value and extensive development potential.
