Location
Kaļķu iela
Vecrīga
Facilities
Price History
Description
Vecrīga House Sell 3 900 000 EURA unique commercial real estate asset is offered for sale — a modern premium-class hotel located in the historic center of Riga, on one of the busiest streets of the Old Town — Kaļķu Street, just steps away from the Town Hall Square.The building, constructed in 2002 and fully renovated in 2012, combines elegant architecture with a well-thought-out functional layout. The total area of the property is 2,204.6 m².Floor areas:• 1st floor – 384.3 m²• 2nd floor – 381.3 m²• 3rd floor – 377.3 m²• 4th floor – 364.6 m²• 5th floor – 277.9 m² (accommodations and technical premises)• 6th floor – 66.2 m² (used as a technical floor)• Basement – 353 m² (technical rooms, bar, and restaurant)Building specifications:• Foundation – monolithic reinforced concrete• Exterior walls – lightweight concrete, insulated and plastered• Floor slabs – reinforced concrete• Roof – metalThe building is equipped with modern engineering systems, multiple elevators, an autonomous gas boiler room, air conditioning, and all necessary utilities.The hotel features 30 rooms, including:• 18 Classic rooms (18–28 m²)• 8 Executive rooms (28–39 m²)• 2 Deluxe Suites with fireplaces and saunas (53 m²)• 1 Luxury Suite with fireplace and sauna (84 m²)• 1 Royal Suite with two bedrooms (153 m²)Additional opportunities:• Spacious basement floor suitable for a restaurant• Potential for SPA area, fitness center, and conference halls• Originally operated as a five-star hotel, the property offers a flexible architectural layout and may be transformed into a boutique hotel, serviced apartments with expanded room capacity, or a residential complex• Potential for long-term lease by an international operatorLocation advantages:• Situated in the historic center of Riga, on a pedestrian street with high tourist traffic• Prestigious surroundings, architectural heritage, and protected status area• Excellent transportation accessibility• High demand from both tourists and business travelersThis property represents a strategic asset in the Latvian hotel real estate sector, combining key factors: a premium location, developed infrastructure, a stable flow of guests, and broad potential for increasing profitability.Read more
Kaļķu iela Vecrīga
Location
Kaļķu iela
Vecrīga
Facilities
Price History
Description
Vecrīga House Sell 3 900 000 EURA unique commercial real estate asset is offered for sale — a modern premium-class hotel located in the historic center of Riga, on one of the busiest streets of the Old Town — Kaļķu Street, just steps away from the Town Hall Square.The building, constructed in 2002 and fully renovated in 2012, combines elegant architecture with a well-thought-out functional layout. The total area of the property is 2,204.6 m².Floor areas:• 1st floor – 384.3 m²• 2nd floor – 381.3 m²• 3rd floor – 377.3 m²• 4th floor – 364.6 m²• 5th floor – 277.9 m² (accommodations and technical premises)• 6th floor – 66.2 m² (used as a technical floor)• Basement – 353 m² (technical rooms, bar, and restaurant)Building specifications:• Foundation – monolithic reinforced concrete• Exterior walls – lightweight concrete, insulated and plastered• Floor slabs – reinforced concrete• Roof – metalThe building is equipped with modern engineering systems, multiple elevators, an autonomous gas boiler room, air conditioning, and all necessary utilities.The hotel features 30 rooms, including:• 18 Classic rooms (18–28 m²)• 8 Executive rooms (28–39 m²)• 2 Deluxe Suites with fireplaces and saunas (53 m²)• 1 Luxury Suite with fireplace and sauna (84 m²)• 1 Royal Suite with two bedrooms (153 m²)Additional opportunities:• Spacious basement floor suitable for a restaurant• Potential for SPA area, fitness center, and conference halls• Originally operated as a five-star hotel, the property offers a flexible architectural layout and may be transformed into a boutique hotel, serviced apartments with expanded room capacity, or a residential complex• Potential for long-term lease by an international operatorLocation advantages:• Situated in the historic center of Riga, on a pedestrian street with high tourist traffic• Prestigious surroundings, architectural heritage, and protected status area• Excellent transportation accessibility• High demand from both tourists and business travelersThis property represents a strategic asset in the Latvian hotel real estate sector, combining key factors: a premium location, developed infrastructure, a stable flow of guests, and broad potential for increasing profitability.Read more