Location

Facilities

Description

Charm, Elegance and Prestige – your new property on Kalēju Street, in the very heart of Old Riga!This six-storey building, with a total area of 268.2 m², impresses at every step – each floor is a true work of art.The interior features custom-built solid wood furniture, preserved historical details, handcrafted stained-glass window panes, antique English parquet flooring, top-quality materials, and even an art gallery.At the heart of the refined staircase lies a built-in elevator, ensuring both convenience and character.Originally constructed in 1677, the building was transformed in 1904 based on a design by renowned architect Alexander Schmeling.In 2013, the property underwent high-quality restoration and reconstruction works. Today, both the structural elements and interior finishes are in excellent technical condition.Previously home to the “Cigar Club,” the building is equipped with a powerful, purpose-built smoke extraction system to meet the club’s operational needs.The property is being sold as a complete asset package, including everything visible in the photographs.Final sale price determination: Price survey (competitive bidding).Application deadline: 15.09.2025.The minimum price under which the asset package will not be sold is EUR 1,107,800, including:Real estate - EUR 1,060,000, Furniture - EUR 20,550, Artworks - EUR 17,000, Interior items & miscellaneous assets - EUR 8,600, Books - EUR 1,650.The right to acquire the asset package will go to the bidder offering the highest price, provided it exceeds EUR 1,107,800.Please note: While the real estate portion is VAT-exempt, the price of the movable assets is subject to VAT.Feel free to call for more detailed information!Read more