A unique commercial building is for sale in the center of Riga, ideally suited for various business activities. The property is located on one of the key streets in Riga's business district, with high pedestrian and traffic flow. Directly opposite is the city's largest hotel — "Radisson Blu Latvija." The prestigious location, well-developed infrastructure, and historical significance make this building a landmark and a symbol of Riga.
Designed by the renowned architect Eižens Laube, the building was constructed in 1912 to serve the needs of a credit society for merchants and workers. It also housed the Telegraph and Telephone Museum. Architectural features, such as the combination of dark plaster with polished labradorite on the facade and oak paneling on the main staircase, highlight its Art Nouveau style and give the building a unique character.
Currently, the ground floor is used for commercial purposes, while the upper floors house office spaces. However, there is potential to repurpose the ground floor and part of the basement for retail use. The upper floors, equipped with the necessary utilities, can be easily converted into hotel rooms, making this property an attractive investment for those interested in the hospitality or commercial sectors.