Marijas iela 15, Rīga, Centrs

A unique investment opportunity for sale in the very center of Riga — a spacious apartment at Marijas iela 15. The premises were previously used as a gaming hall, but can now be transformed into a comfortable and functional residential space with multiple rooms or divided into several separate apartments. Currently, the usage type is registered as commercial entertainment premises, but it can be changed to residential use. The seller’s architect will provide a concept layout showing the potential division into 3 separate apartment units, making it ideal both for rental income and resale. At the moment, a project is being coordinated with the Riga Construction Board by the Seller’s side.

About the apartment:
+ 114.2 m².
+ 2nd floor, façade building, windows facing both the courtyard and the street.
+ Original ceiling height approx. 2.90 m (after removal of suspended ceilings).
+ Centralized gas heating (a shared gas boiler for the apartments on the 1st and 2nd floors), central city cold water supply and sewerage; hot water provided by a gas boiler.

About the building:
+ Solid brick building constructed in 1890.
+ 7 floors, no elevator.
+ Locked staircase.
+ Land is owned; the property will be registered as a separate apartment unit.
+ Excellent location — a well-developed and highly sought-after area, next to Berga Bazārs, just a few steps from the Central Station, Old Town, public transport, shopping centers, restaurants, and cultural venues.