An office building is for sale in the historic centre of Riga – Old Town – which could easily be converted into a hotel or apartments. It is situated in a superb location opposite the Stockman department store and next to two hotels – the Avalon and the Wellton.
The building currently houses the administration of the State Forest Service (the building is being sold as a vacant property).
The building’s total usable floor area is 1,592.9 m², and the plot area is 376 m².
The building comprises six storeys with approximately 50 offices and a basement;
The entrance to the building is from the side; it is possible to create a further entrance from the Old Town side;
All municipal utilities are in place – water and sewerage, electricity, and Rīgas Siltums;
The building is fitted with a ventilation and air-conditioning system;
Two lifts (one in working order, the other in need of repair);
The roof covering and structure were replaced in 2025;
The upper floors offer a wonderful view of St Peter’s Church;
An excellent location – right in the heart of Riga’s historic centre, close to Old Riga, the Central Railway Station, the Bus Station, the Central Market, the Galerija Centrs shopping centre, countless cafés and restaurants, and public transport links to all parts of Riga; Riga Airport is a 20–25-minute drive away.
