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Mercury Group
For sale an investment object close to the city center of Riga!
- Latvia, Riga, Teika
- Brivibas gatve (Teika)
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Property description
ID: LV-152792
- Latvia, Riga, Teika
- Brivibas gatve (Teika)
Object type
Commercial apartment building
Land area
16970 m2
Area
5197 m2
Category
For sale
Price per m2
€ 404
Price
€ 2 100 000
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We offer for sale a great investment object - 1,7ha land & a building for reconstruction with inspiring history and a future of multiple possibilities!
A set of 2 connected land plots: 15’334 m2 and 1’636 m2 with 2 existing buildings for sale.
The main building is a great example of industrial architecture and historically well known as former G.Ehrenpreiss bicycle factory.
Valid tehcnical project for 1st stage produced by architectural company which includes reconstruction of the existing main building as office centre and construction of onground parking.
Building permit valid till 04.09.2025.
Description:
- mixed center development area (JC2)
- total land plot area 16’970 m2
- valid electricity 2200 kW capacity is being maintained
- all other city communications gas, water, heating etc.
- next to object next to land plot main street Brivibas
- street along the territory is the easement road in favor of this property
- railway lines next to object, nearest public station Zemitani 16 min by walk
- existing main building area 5’197m2
- 5 large floors with open halls
- high ceiling from 3,50m till 6m
- 1st stage project includes reconstruction of existing building to the total area 6058 m2 as B class office centre with public services
and onground parking for 162 parking spaces
Price is 2 100 000 EUR + VAT.
A set of 2 connected land plots: 15’334 m2 and 1’636 m2 with 2 existing buildings for sale.
The main building is a great example of industrial architecture and historically well known as former G.Ehrenpreiss bicycle factory.
Valid tehcnical project for 1st stage produced by architectural company which includes reconstruction of the existing main building as office centre and construction of onground parking.
Building permit valid till 04.09.2025.
Description:
- mixed center development area (JC2)
- total land plot area 16’970 m2
- valid electricity 2200 kW capacity is being maintained
- all other city communications gas, water, heating etc.
- next to object next to land plot main street Brivibas
- street along the territory is the easement road in favor of this property
- railway lines next to object, nearest public station Zemitani 16 min by walk
- existing main building area 5’197m2
- 5 large floors with open halls
- high ceiling from 3,50m till 6m
- 1st stage project includes reconstruction of existing building to the total area 6058 m2 as B class office centre with public services
and onground parking for 162 parking spaces
Price is 2 100 000 EUR + VAT.
Location on Map
Residence permit could be obtained through the property purchase. Leave your request in order to get more information about Residence Permit.
- Latvia, Riga, Teika
- Brivibas gatve (Teika)
Object type
Commercial apartment building
Land area
16970 m2
Area
5197 m2
Category
For sale
Price per m2
€ 404
Price
€ 2 100 000
Currency calculator
From
To
What you should know, purchasing a property in Latvia
Buy vs Rent Calculator
To help you decide whether it's better to rent or buy a home, this calculator compares the costs associated with buying a property to your equivalent rental costs. This calculator will also help to investors to preliminary calculate the
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In both cases, your rental costs when purchasing real estate are reduced by an average of three times.
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