450 000 EUR
A. Čaka iela 60, Centrs, Rīga 
Investment opportunity in the center of Riga
A promising real estate investment project is offered for sale – a historic wooden building in Riga, A. Čaka Street 60, located in the historic center of Riga. The property stands out with its characteristic Riga wooden architecture and offers extensive development opportunities for both commercial activities and the creation of a residential fund.
The building has several entrances, which allows for flexible planning of the use of the premises. On the first floor, there are five separate entrances to the retail premises, while the building has two staircases in total – one with an entrance from A. Čaka Street and the other from the courtyard. The spacious courtyard provides the opportunity to create parking spaces for approximately ten cars, which is a significant advantage for the properties in the center.
The legal status of the property is in order – the land under the building is owned, and the facility has no valid lease agreements or other encumbrances, providing the new owner with complete freedom in development planning.
The building has access to all city communications, including central heating from "Rīgas Siltums", city water and sewerage connection, several electricity inputs and a gas connection. The premises are characterized by high ceilings - more than three meters on both the first and second floors, which increases the functionality of the premises and their attractiveness to future tenants.
The leasable area of the first floor of the house is 270 m², the leasable area of the second floor is 270 m². Additional development potential is provided by an undeveloped attic with approximately 200 m² of usable area, which has sufficient ridge height to be built without raising the roof. The total area of the basement and common areas is 310 m². A color passport has already been agreed for the renovation of the facade.
This property is suitable for investors and developers looking for a project with clear development potential in the center of Riga.
For additional information and to arrange a property inspection, please contact us.
