Development property for sale in Riga, 27 Jēkabpils Street with wide development potential (JC6 zoning).
Land area: 1,139 m² Total existing building area: 740.2 m², including a basement of 118.1 m².
Buildings on the property: – production building 375.4 m² – boiler house 119.9 m² – laboratory building 126.8 m² – basement under the courtyard 118.1 m² with two separate entrances
The buildings can be renovated, reconstructed or used for new development.
Suitable for: – apartment building development – mixed residential and commercial project – office or service premises – investment project with rental income potential
Part of the buildings can be adapted for rental use in the near future.
Quiet street near the city centre. Public transport, park and urban infrastructure nearby.
Infrastructure improvements are planned in the surrounding area, including a new pedestrian and bicycle tunnel between Ģertrūdes Street and Daugavpils Street, which will improve accessibility and increase the development potential of the property.