Commercial property for sale in Riga

Salaspils iela 16A, Ķengarags

For Sale

Riga, LV

Salaspils iela 16A, Ķengarags, Rīga

630 m²

commercial

2026-04-18

Price

€340,000

€539.68 / m²

More details

Description

A great investment property is being offered for purchase – a hotel with a plot of land. + 15 existing rooms; + By renovating the lounge area, more rooms can be built on the first floor; + Each room has a bathroom; + The building was renovated in 2001. Documentation is approved; + Masonry exterior walls and reinforced concrete floors; + Pellet heating; + Riga water and sewage systems; + Electricity capacity: 50 A. Can be increased; + Centralized ventilation throughout the building. The property currently generates cash flow from rentals. By developing the property and designing a concept, it is possible to significantly increase income.

Commercial property for sale in Riga

Salaspils iela 16A, Ķengarags

Description

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