1 200 000 €

1 340.78 €/m²

Stabu iela 35, Centrs

Rīga

Investment property for sale in Riga city centre, Stabu Street 35

An investment property with stable cash flow is offered in one of the most sought-after locations in Riga city centre – Stabu Street, between Tērbatas and Krišjāņa Barona streets.

Property description:
- Three-storey building
- Total area: 895 m²
- 1.floor and basement: 2 commercial premises (shops and a café) with separate entrances
- 2nd and 3rd floors: office premises of various sizes

Total of 11 tenants in the building.

The property is currently 100% leased, with a stable and reliable tenant mix, providing approximately 7+% annual yield.

Premises:
- Office sizes ranging from 30 m² to 80 m²
- Most common layouts: 40–50 m² (two-room offices)
- Each unit is equipped with WC/shower
- Larger units have infrastructure for kitchen installation

Additional potential:
The building can be relatively easily converted into residential units, significantly expanding investment and development opportunities.

Location:
- Active central location with high pedestrian traffic;
- 5-minute walk to shopping centres “Bērnu pasaule” and “Barona centrs”;
- Wide range of nearby amenities – cafés, shops, offices;
- Convenient public transport access.

This is an excellent opportunity for investors seeking a stable income-generating asset with development potential in Riga city centre.