Marijas iela 2, Center, Rīga

Commercial premises for sale in the very center of Riga – Marijas iela 2. Spacious premises with a total area of 272.3 m² are offered on the 3rd floor of a historic building in central Riga. The property represents an excellent investment opportunity for both residential development and continued commercial use. Basic information: – Address: Marijas iela 2, Riga – Area: 272.3 m² – Floor: 3 of 6 – Year built: 1910 – Status: commercial premises – All necessary permits for conversion into apartments have been obtained Advantages of the property: – A redevelopment project has been developed for conversion into one-room and two-room apartments – Approval from the Riga City Council has been received for redevelopment and subdivision into separate ownership units – Opportunity to implement an investment project in one of the most sought-after areas of the city – Suitable for both residential and commercial use – Flexible layout options – Ideal for rental business or resale of individual apartments About the building: The historic building, constructed in 1910, is designed in an elegant Art Nouveau style and retains its architectural charm. A major renovation was carried out in 2006: – façades fully renovated – engineering systems replaced – floor structures updated – heating and water supply systems modernized – electrical wiring replaced – stairwells restored while preserving historical elements – modern ventilation and air-conditioning systems installed Location: Marijas iela 2 is located in one of the most prestigious and highly demanded areas of central Riga – directly opposite the Central Railway Station and Origo shopping center. Across the street is the modern class A business center Novira Plaza, which has become a new business hub in the capital and significantly increased the investment attractiveness of the area. In the immediate vicinity: – Riga Central Station – Origo shopping center – public transport stops – restaurants and cafés – office centers – cultural and entertainment venues – convenient transport connections The Old Town of Riga is just a few minutes’ walk away. A unique opportunity to acquire a property with historic character, a prestigious location, and an already approved redevelopment project. The asset is fully prepared for the implementation of a modern residential or investment project in the very heart of Riga. Contact us to arrange a viewing or to receive additional information.