PROPERTY IN THE HISTORICAL CENTRE OF RIGA – MEDNIEKU STREET 6
One of the last truly unique historic buildings in Riga’s Art Nouveau boulevard area is now for sale. This property is exceptional thanks to its prime location, generous land plot, rich history, and architectural splendour. Mednieku Street 6 is ideal for development into a residential project (apartments for lease or sale), or conversion into a medical centre, beauty salon, or office building. The property benefits from an approved technical project covering eight apartments and a planned additional buildable volume on the courtyard side. The building is a regional-level architectural monument.
HISTORY
The timber-constructed building at Mednieku Street 6 was built using a restrained classical style on the façades and features a comparatively utilitarian internal layout. Operational since 1908, it was designed by architect Gustavs Rūdolfs Vinklers, known for his eclectic-style works in Riga and Jūrmala.
EXISTING SITUATION
The building currently has two above-ground storeys with an attic storey, and a shallow cellar beneath the single-storey courtyard extension. It is currently unoccupied, having most recently housed a medical institution. Originally, it was constructed as a residential property.
DEVELOPMENT CONCEPT
The approved technical project envisions the creation of apartments within the building following reconstruc- tion, thereby restoring its original use. After reconstruction, the building is planned to contain eight spacious apartments. On the ground floor, the design includes one three-bedroom flat and two one-bedroom flats. The first floor will house two two-bedroom flats and one one-bedroom flat. The entire attic storey is to be fully converted and will comprise two-bedroom flats. Each flat that faces the courtyard will be provided with a terrace or, on the second and third storeys, a roof terrace.
ARCHITECTURAL SOLUTION
Taking into account the architectural and artistic value of the street-facing façade, the building is to be preserved and restored with minimal impact. Meanwhile, the new architectural composition on the courtyard façade is closely linked to highlighting the building’s heritage while introducing a fresh character. The historic façade facing Mednieku Street is compositionally enhanced by three roof-level additions in the central section between the gables. On the courtyard façade, new glazed volumes are proposed.
TECHNICAL INDICATORS
Land plot area: 882 m2
Built-up area: 540.6 m2
Number of storeys: above ground – 3, below ground – 1 Site coverage ratio: 61.29%
Total built-up area of the building: 1,165.0 m2
Gross external volume of above-ground storeys: 4,559 m3
Mednieku Street 6 is more than just a property—it is an opportunity to invest in a piece of Riga’s architectural legacy while capitalising on the strong demand for premium residential and commercial space in the city centre. With a fully approved project and a versatile layout, this property is well-positioned for immediate redevelop- ment and long-term value creation.
PRICE: € 950,000 + VAT