Elizabetes iela, Rīga, Centrs

Investment Opportunity with Parking – Spacious Premises in a Renovated Historic Building

A spacious semi-basement space with private parking is for sale in a solid brick building built in 1905. The facade has been recently renovated, adding to the propertys long-term value. This is an excellent investment opportunity, suitable for various types of commercial activities or as a long-term rental property, thanks to low utility costs and a well-connected, desirable location.

Why is this property worth your attention?

Strong investment potential – suitable for commercial use, rental, or conversion into a residential unit

Private parking space in the courtyard – a rare benefit in the urban environment

Separate entrance – ideal for business or independent use

Low utility payments – cost-effective maintenance throughout the year

Recently renovated building facade – increases property value and visual appeal

Electricity and sewage connected – ready for development or reconstruction

Condition of the premises:

Requires full renovation

Can be redesigned and adapted to your needs – perfect for an office, studio, salon, workshop, etc.

Location:

Quiet and green area with two parks nearby

Excellent public transportation connections

Developed infrastructure – shops, schools, kindergartens within walking distance

This is a ready-to-develop investment property with high added value – especially suitable for those looking for premises with potential, a clear street entrance, and private parking.

Contact us today to arrange a viewing or to receive more information!