Property building for sale, Nēģu street, Centrs / 750000€900000€Reduced price!

Location:Rīga, Labais krasts, Centrs
Street:Nēģu
Area:2000 m²
Land area:580 m²
Price:750 000 € (900 000€) (375 €/m²)

Property description

For sale – a standalone building with land ownership in the authentic Riga Central Market area, offering excellent potential for a short-term rental business.

Current layout:

1st floor:
✓ ~150 m² – kitchen area
✓ ~150 m² – bistro hall
✓ ~150 m² – bar hall

2nd floor: (Potential to convert into rooms)
✓ Office spaces
✓ Hairdressing salon
✓ Modern elevator from the 1st floor (cafe) to the 4th floor (hotel)

3rd and 4th floors:
✓ 28 hotel rooms
✓ Auxiliary spaces – laundry, staff rooms for housekeepers, and other necessary areas

Additional information:
✓ Heating – autonomous, gas
✓ Connection to all city utilities – water, sewage, electricity
✓ The building is located in the Riga Central Market area – a UNESCO protected architectural monument
✓ Possibility to build a fifth floor in the spacious attic
✓ Possibility to uncover the arches on the sides of the building and create additional windows or entrances, modernizing the structure.

  • Finishing: concrete flooring, Condition - partially renovated
  • Equipment: built-in kitchen, air ventilation
  • Building description: double glazed windows, pre-war period building, with elevator
  • Location: shops and cafes nearby, convenient public transport, intensive pedestrian traffic
  • Parking lot: free parking
  • Communications: gas heating, city water supply, city sewage
Property ID number: 53159

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Egils Skujiņš
Egils Skujiņš Agent
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