{"id":2045497,"date":"2026-10-16T11:45:29","date_gmt":"2026-10-16T08:45:29","guid":{"rendered":"https:\/\/www.realat.lv\/lv\/ipasumi\/38095\/"},"modified":"2026-10-16T14:48:20","modified_gmt":"2026-10-16T11:48:20","slug":"38095","status":"publish","type":"property","link":"https:\/\/www.realat.lv\/en\/property\/38095\/","title":{"rendered":"Houses | House ownership"},"content":{"rendered":"

Investment Property with High Redevelopment Potential on Br\u012bv\u012bbas Street, Central Riga<\/p>\n

For sale: a mixed-use residential and commercial building located on Br\u012bv\u012bbas Street\u2014Riga\u2019s premier central artery connecting the Old Town directly to the city borders. The property benefits from a strategic location with prime visibility, heavy foot and vehicle traffic, and well-developed surrounding infrastructure.<\/p>\n

Property Breakdown & Areas:
\nTotal building area: 598 sq. m.
\nUsable area: 296.51 sq. m.
\nResidential units: 3 apartments (34.19 sq. m., 51.73 sq. m., and 85.98 sq. m.)
\nCommercial units: 2 ground-floor retail\/commercial spaces (24.40 sq. m. and 100.21 sq. m.)<\/p>\n

Investment & Development Highlights:
\nCurrent Income: The property currently generates cash flow from two active tenants\u2014a ground-floor grocery store and a large-scale outdoor advertising banner on the building’s facade. <\/p>\n

Condition & Value-Add Potential: The building is in need of major capital renovation. This presents an ideal value-add opportunity for an investor or developer to fully modernize the historical structure into boutique rental apartments and prime street-front retail spaces.<\/p>\n

Land Tenure: The land is held under a long-term lease with State Real Estate (VN\u012a) with an official buyout option available.","protected":false},"featured_media":0,"comment_status":"closed","ping_status":"closed","template":"","property_category":[1552,1481,1567],"property_type_category":[6],"property_district":[755],"property_pagasts":[1241],"property_project_category":[],"class_list":["post-2045497","property","type-property","status-publish","hentry","property_category-dzivokli-un-komercplatibas","property_category-majas","property_category-namipasums","property_type_category-for-sale","property_district-riga","property_pagasts-centrs"],"yoast_head":"\nHouses | House ownership - REALAT.lv<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Houses | House ownership - REALAT.lv\" \/>\n<meta name=\"twitter:description\" content=\"38095\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.realat.lv\\\/en\\\/ipasumi\\\/38095\\\/\",\"url\":\"https:\\\/\\\/www.realat.lv\\\/en\\\/ipasumi\\\/38095\\\/\",\"name\":\"Houses | House ownership - 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