Investment Property in Riga Old Town The ground floor has 2 commercial premises (Late Night Munchie

Investment Property in Riga Old Town The ground floor has 2 commercial premises (Late Night Munchies restaurant and an Asian cuisine restaurant, recently fully renovated). The upper floors contain small offices as well as 3 apartments. There are currently 45 tenants in the building. Approximately 5 premises are currently vacant. The property has a spacious, vacant basement, as well as the potential to develop an attic floor. The property is located in a Mixed Centre Development Zone (JC7). The building has not been renovated for many years, and some of the premises are currently unused. Built in 1890. Ceiling heights: - Ground floor 3.7 m - 2nd and 3rd floors 3.3 m - 4th floor 2.12.4 m Masonry walls, wooden floor structures and roof rafters. The building previously had central heating, but currently heating is provided by electric radiators. Best potential use: hotel, hostel or conversion into apartments.