We are offering a spacious commercial property for sale in the prestigious centre of Riga – at 31A Elizabetes Street, just a few minutes’ walk from Vērmane Park, business centres, hotels, restaurants and public transport.
The total area of the property is 553.6 m², of which 381.3 m² comprises above-ground premises and 178 m² comprises basement premises. The property is spread over two full storeys with a functional layout, featuring more than 15 rooms and offices, spacious communal areas and sanitary facilities.
Property advantages:
• Prestigious location in Riga’s historic centre
• Separate entrance and gated premises
• One parking space
• All municipal utilities – heating, ventilation and air conditioning
• Clear title
• Previously used as a hotel
Thanks to its well-thought-out layout, the property is suitable for a medical centre, private clinic, rehabilitation or diagnostic centre, office, educational institution, co-working space, boutique hotel or investment project with high rental potential.
Commercial properties of this scale in such a sought-after location in central Riga are rarely available on the market, making this property an excellent opportunity for both business and long-term investment.