Property building for sale, Kungu street, Vecrīga / 2347215€

Location:Rīga, Labais krasts, Centrs
Street:Kungu
Area:3060 m²
Land area:2364 m²
Price:2 347 215 € (767.1 €/m²)

Property description

Building Complex and Land in Old Riga

(Kungu Street 34, Kalēju Street 78, 13. Janvāra Street 25)
Auction. Applications accepted until April 3.

Previously, this property housed a Social Services Center, but it has been unused for the past 4 years. The building features a corridor-style layout with office rooms on both sides.
Currently, all utilities in the building are disconnected.

1) Office Masonry Building – 4 floors and a semi-basement, with a total area of 2875 sqm and a usable area of 2773 sqm. The ceiling height on the first two floors is 3.80 meters. The building was constructed in 1850 and renovated/restored in 2006.
2) Office Masonry Building – 2 floors and a basement, with an area of 185 sqm. The ceiling height is 2.90 meters.
3) Land – consists of two adjacent plots measuring 2104 sqm and 260 sqm.
Approximately 500 sqm of the land could theoretically be developed. However, part of this land is currently occupied by trees.

The property is located in a Mixed Centre Development Zone (JC8).
The building on the larger land plot is situated in a Public Development Zone, while the smaller land plot is in a Centre Development Zone.

Available documentation includes:
- A property inspection report conducted by Rīgas Nami in March 2024.
- Two technical inspection reports from 2016 and 2021.
- A construction project titled "Strengthening the Building's Load-Bearing Structures".

The buildings are part of the nationally significant architectural monument complex, “Jura Hospital and Postal Courtyard Complex”.
The property is located within the:
- UNESCO World Heritage Site – “Historic Centre of Riga”
- National Urban Monument – “Historic Centre of Riga”
- National Archaeological Monument – “Archaeological Complex of Old Riga”.

Additional Features:
- The larger building is equipped with an elevator.
- A new ventilation system is installed in part of the building.
- The property has its own heating unit.

  • Location: river nearby, park nearby, shops and cafes nearby, schools and kindergartens nearby, convenient public transport, intensive vehicle traffic
  • Communications: city heating with an individual meter, city water supply, city sewage
Property ID number: 63929

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Ivars Blanks
Ivars Blanks Agent
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