Kalēju iela 7, Rīga, Vecrīga

A unique property is offered in the historical centre of Riga - Old Town, on Kalēju Street next to Livu Square. The property is located in an area with a distinctive historical atmosphere, a steady pedestrian flow and strong commercial potential.

Property composition:
Land under the building - 119 sq.m.
A 4-storey building with a basement, total area - 384.7 sq.m. This is a brick building constructed in 1870, which has been renovated and re-planned over time and currently has the status of an administrative building. The building is historically and architecturally valuable. The rear wall of the building is connected to the historical defensive wall of Riga, and ancient vaults have been preserved in the basement. Historically, the building was used as a residential house with shop premises on the ground floor, which naturally aligns with the modern commercial and investment opportunities in this strategically attractive Old Riga location.

Area distribution:
Basement - 60.7 sq.m
1st floor - 85.7 sq.m
2nd floor - 90.8 sq.m
3rd floor - 85.5 sq.m
4th floor - 62.0 sq.m

Ceiling height: 2.5 - 2.9 m.

Utilities:
Electricity, city water supply and sewerage, central city heating.

The building consists of four above-ground floors and a basement. The premises on the ground floor are particularly suitable for various types of commercial activity - featuring 6 large display windows, 2 separate entrances and direct access to the basement. The basement can be integrated as a unique space while preserving authentic brick walls and decorative vaults, creating a distinctive interior element suitable for a gallery, design studio, retail shop or beauty salon.

The upper floors allow for various development possibilities. Currently, a beauty salon operates on the second floor. The third and fourth floors are suitable for office premises, a company headquarters or for developing apartments for short-term or long-term rental. On all above-ground floors, kitchens as well as separate toilets and shower rooms are located next to the staircase.

This property is ideal for a buyer who appreciates the prestige of Old Riga, historical authenticity and commercial potential. A significant tourist flow passes by the property, and Livu Square, cultural attractions, shops and restaurants are located just a few steps away.

Contact us to receive additional information about the property and viewing possibilities.