Commercial apartment building in Riga, Latvia, 2 561.6 sq.m

House - hotel in the city center of Riga on Merkela street 12
The building located 500m from the train and bus stations, 3 minutes walk from the Old Town. There are shopping centers, office buildings, cafes and parks nearby. Convenient transport links.
Land plot with total area 572.5m2
Building with total area 2561.6m2
Number of floors: 6 + basement
Year of major renovation: December 2006
At the moment, there is an operating 3-star hotel with 80 rooms.
There are restaurant, multifunctional laundry, kitchen, confectionery.
Part of the first floor is leased for commercial premises.
Potential:
1) It is possible to continue to use it as a hotel complex with 80 rooms, a restaurant and commercial premises on the 1st floor, as well as a SPA
2) In addition to purchasing this house, it is possible to purchase adjacent buildings on both sides of the house to create a full-fledged hotel complex or a project combining a hotel and a hostel.
3) Apartments for sale and rent
4) Development for an office building and leasing
More information by phone and email.
Possible discussion of conditions.