Description
Multifunctional Building for Sale – Investment & Redevelopment Opportunity in Riga (Mangaļi)
A solid 4-storey building with an attic floor, ideally suited for hotel, office, residential, industrial or mixed-use development.
The property offers a strong foundation for an investment project with the possibility of rapid renovation.
Possible Uses:
Hotel / Aparthotel
Office or administrative building
Residential apartments / income property
Production + offices
Mixed-use development
Example Concept:
1st floor – production or warehouse
2nd–3rd floors – offices and administration
4th floor & attic – hotel or apartments
Approved hotel project available.
First-stage renovation permit obtained.
Areas:
Building area – 3,180.1 m²
Attic floor – 542.09 m²
Total area – 3,722.19 m²
Land plot – 2,791 m²
Ceiling Heights:
1st floor – 3.00 m
2nd floor – 3.50 m
3rd floor – 3.60 m
4th floor – 3.80 m
Attic – 4.50 m
Assembly hall – 5.20 m
High ceilings allow implementation of modern architectural and design solutions.
Construction & Utilities:
Year built: 1959
Reinforced concrete foundation
Brick walls
Concrete floor slabs
Two staircases
Possibility to install elevators
All city utilities connected:
Water
Sewerage
Gas
Electricity
Optical internet (TET)
Location & Transport:
5-minute walk to Mangaļi train station
15 minutes to Riga city centre
10 minutes to Vecāķi beach
Free parking available
Public transport:
Buses: 2, 11, 24, 58
Tram: 5
Nearby:
Maxima, Mego, Rimi
Mežaparks
Riga Zoo
Open-Air Stage
The building is vacant and ready for renovation.
3 722.19 m2
3 180.10 m2
2 791
