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Riga (City District), Riga, Latvia

€2,300,000
Habita International, Habita Riga
PROPERTY TYPE

Apartment

SIZE

16,049 sq ft

1,491 sq m

Key features

  • Living area: 1491 m2
  • 0 bedrooms
  • 14 bathrooms
  • Floor 6

Description

An exceptional opportunity to acquire a historic office building located in the very heart of Riga’s prestigious Old Town. This elegant property, originally commissioned in 1912, reflects the architectural charm of the early 20th century while offering functionality fully suited to modern business needs.

The building is situated on a land plot of 435.5 m² and offers a total area of 1,975.7 m², including a usable cadastral area of 1,609.8 m² and a highly efficient net leasable area of 1,491.08 m². Arranged across six floors, the property features two staircases that ensure convenient access and smooth tenant flow, as well as an elevator located in the central staircase for added comfort.

A significant advantage of this property is its strong income profile — 99% of the building is currently leased to reliable, high-quality tenants, providing immediate and stable rental income for the new owner. This makes the asset particularly attractive for investors seeking a secure, income-generating property with minimal vacancy risk.

The building is connected to the city’s central heating system with a heating distribution unit located in the basement, ensuring efficient and dependable heating throughout the premises.

Combining historical character, a prime Old Town location, and excellent occupancy with dependable tenants, this property represents a rare and compelling investment opportunity in one of Riga’s most sought-after areas.

Riga (City District), Riga, Latvia

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NEAREST AIRPORTS

Distances are straight line measurements
  • Riga(International)
    5.3 miles

About Habita International, Habita Riga

Ezermalas 15 2107 Pinki

Habita International provides unique homes, business premises and opportunities. Reliability and skill are the core of us. If you are buying an investment, a holiday resort or want to explore the potential for expanding your business, do not hesitated to contact us. Our expertise is focused on residential and commercial properties, rental services, as well as property developments.

Headquartered in Helsinki, Finland Habita and was founded in 1989. Today Habita operate globally with close to 50 offices in over 10 countries and 2 continents and some 260 Habita employees

Habita was founded in Helsinki in 1989. From Helsinki, Habita first expanded to the rest of Finland and then to other countries. The first office outside Finland’s borders was in Spain. It opened in 2016. Today, Habita has offices in many countries, offering high-quality real estate brokerage to domestic and foreign customers.

One of the reasons behind Habita’s success is our private and independent background, which guarantees that our expertise is 100% in real estate brokerage, without ties to banks or insurance companies. Our high-level, professionally qualifying training program also applies to all our franchise entrepreneurs and their staff.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Habita International, Habita Riga (reference 674245) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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