The property consists of three building units (3 to 6 floors + basement) on the land plot which is located in the very CBD of Riga city. Current usage of the Property – retail premises on the 1st floor (premises are in good condition and leased out on a short term bases) and apartments (mostly in poor condition, partly rented out). Four tenants of the residential part have soviet-time rent agreements.

Building 001 (facade):
3-storey building in poor condition
(1st floor = retail)
Building area: 722 sqm
Usable area: 503 sqm
Year of construction: 1900

Building 002 (courtyard):
5-storey building in poor condition
Building area: 935,5 sqm
Usable area: 710 sqm
Year of construction: 1900

Building 003 (facade):
6 floor building in poor condition (1st floor = retail)
Building area: 2113,7 sqm
Usable area: 1852,3
Year of construction: 1905

Status of the Property - development property. Potential of the property: to build additional floors on Bldg No.001.