159 000 €

1 457.38 €/m²

Palasta iela 9, Centrs

Rīga

Commercial Premises for Sale in the Heart of Old Riga
Available for sale — functional commercial premises in the very heart of Old Riga, located in a historic building at Palasta Street 9, just a few steps from Dome Square and the Daugava riverfront.
The property is offered for sale; however, a flexible cooperation model is also possible — starting with a lease and agreeing on the purchase of the property in the future. This solution is particularly suitable for a company or investor who would like to first test whether the premises suit their business, client flow and daily operational needs, while considering long-term ownership.
The premises do not have large street-facing display windows, which provides a more private and peaceful environment. For this reason, they are especially suitable for businesses that value a representative address in Old Riga, an authentic historic setting and a professional atmosphere rather than intensive pedestrian traffic.

Premises Description
The total area of the premises is 109.1 m², arranged over two levels:
Ground floor — 70.1 m²
A functional and well-lit working space that can be adapted for an office, client reception area, private practice, showroom, studio or creative workspace.
Basement level — 39 m² with WC
Additional premises that can be used as storage, archive space, a technical room, workshop or additional work area.
The two-level layout is practical for various business models, as it allows the separation of client reception, work, storage and technical functions.

Advantages
Prestigious Old Riga location — Palasta Street 9

Quiet and historic setting just a few steps from Dome Square

More private atmosphere without large street-facing display windows

Functional two-level layout

Basement area with WC — suitable for storage, archive or additional workspace

Central heating, electricity, internet, water and city sewage connection

Premises can be adapted for various types of business activity



Infrastructure and Access
Palasta Street 9 is located in one of the most recognizable parts of Old Riga — close to Dome Square, Riga Cathedral, the Daugava riverfront, Town Hall Square, cultural landmarks, hotels, restaurants, law offices and the business environment of Riga’s historic centre.
Public transport: Grēcinieku Street tram and bus stops are approximately a 4-minute walk away, providing convenient connections to different parts of Riga.
Parking: The nearest paid parking options are available on 11. novembra krastmala and in the area surrounding Palasta Street.

Suitable For
The premises are well suited for a company, professional or investor looking for a property in Old Riga with flexible usage potential.
Possible uses include:
Office in Old Riga

Legal, consulting or private practice

Design, interior or art showroom

Architecture or creative studio

Yoga, pilates or individual training studio

Workshop or small event space

Art, design or craft studio

Private client service office

Small company representative office in Old Riga



Key Value of the Offer
This is a sales offer with a flexible approach: the property can be purchased immediately, or the tenant may start with a lease and later agree on the purchase.
It is an opportunity to first experience the premises in practice, assess their suitability for your business and only then make a long-term decision about acquiring the property.
Video tour attached.
Contact us to arrange a viewing.