For Sale: Historic 3-storey brick building on Latgales Street 75, Riga.
Discover a rare opportunity in Riga’s vibrant “Far center” – a heritage building (anno 1900 and renovated 2000) with income potential.
House offers 360m² of usable space and sits on a generous 1,192 m² plot. Ideal for both investors and large multi-generational families looking for a spacious home with commercial upside.
Property Highlights:
5 spacious apartments + 73 m² shop/café premises on the ground floor
Impressive 3.00 – 3.20 m high ceilings throughout – bright, airy, and full of character
Peaceful green courtyard oasis with swings, a mobile sauna, relaxation area, and plenty of parking (space for 5–6 cars)
Two separate entrances – from the street and from the courtyard
Each apartment has its own gas boiler + wood stove – keeping running costs pleasantly low
Central water supply and sewage system
Free street parking right in front of the building
Layout:
1st floor: 73 m² commercial space (shop/café) + 37 m² apartment
2nd floor: 68 m² + 45 m² apartments
3rd floor: 70 m² + 44 m² apartments
Excellent location between Krasta iela, Lacplesa iela, and Mols Shopping centre. Quick access to the city centre, public transport, schools, shops, and parks.
Price: €250,000
Cadastral value of €237,000
Annual real estate tax: €730
This is a turn-key property in good condition – ready for living, renting, or running a business from day one. Whether you’re looking for a smart investment with rental income or a unique home with space, soul, and a garden, this historic gem on Latgales iela 75 is worth seeing.