Gaujas iela 11, Rīga, Čiekurkalns

For sale a fully reconstructed administrative building in Riga (reconstruction completed in 2024).
The building has undergone a comprehensive renovation – all utilities have been replaced, it is connected to the central heating system provided by “Rīgas siltums”, and the roof, windows, window frames, stairs, chimneys, and fireplace have been restored. The building is in excellent technical and visual condition.
The courtyard is tidy and well-maintained, with the possibility to arrange parking spaces or create a green recreational area.
The building’s function is flexible – it can be redesigned and adapted for residential use or as a rental property. According to the owner’s calculations, it is possible to create up to 43 apartments on the 1st to 3rd floors, making this property an excellent investment opportunity both for the rental market and for long-term development.