Spacious 10 Room Apartment With Balcony And Terrace In A Historic Art Nouveau Building
4,198 Sqft
Updated: July 6
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About the Property
Spacious and attractive 10-room apartment (total area: 390 sq.m.) with balcony and courtyard-facing terrace for sale in the historical centre of Riga, at Brīvības Street, downtown. The location and layout are suitable for a hospitality business, as the partitioning of the space allows for several apartments for tourists or students (previously the space was used for both office and overnight
Spacious and attractive 10-room apartment (total area: 390 sq.m.) with balcony and courtyard-facing terrace for sale in the historical centre of Riga, at Brīvības Street, downtown. The location and layout are suitable for a hospitality business, as the partitioning of the space allows for several apartments for tourists or students (previously the space was used for both office and overnight accommodation). In 2015, renovations were carried out: the 5th floor apartment of 250m2 and the 6th floor apartment of 140m2 were internally connected by stairs.
Amenities include: - Individual gas heating system - An HVAC system serving as an alternative heating source, providing excellent heating in winter and cooling in summer. We recommend considering solar panels for more efficient energy usage - Concrete heated floors on the lower level, soft flooring upstairs - Security and fire alarm system with SMS detectors installed - 4 WC units, shower, washing machine - The penthouse features a 12m2 east-facing terrace - The kitchen is equipped with built-in Siemens appliances, including an oven, microwave, ceramic hob with an extractor hood, dishwasher, and fridge.
The land is included in the property, and the office has two entrances, allowing for the division into independent parts; not mortgaged. Apartment an be purchased as an apartment property or as shares in a company.
The ”Vīksnes House” was built in 1902 and designed by German-Baltic architect Alfred Aschenkampff. It housed a luxurious fashion salon and stationery shop before World War I. Unfortunately, the Art Nouveau-styled stained glass windows in the elevator shaft were destroyed during the occupation. During the Soviet years, the building was the home of Latvian poet Mirdza Ķempe (a memorial plaque is installed on the building), as well as author and composer Marģeris Zariņš. The splendid Neo-Renaissance facade has been completely preserved, and the ceiling painting in the entrance hall is authentic.
The building is located in the heart of Riga. From the balcony, you can see the Radisson Blu Hotel Latvija and the gilded domes of the Orthodox Cathedral. Next door, a new 4-star hotel called ”Astor Hotel” was opened this year. On the other side of the building, you will find the head office of LPB Bank and the Church of Alexander Nevsky.
LATIO is a highly experienced European real estate agency, founded in Latvia in 1991 and trusted by clients for its
LATIO is a highly experienced European real estate agency, founded in Latvia in 1991 and trusted by clients for its professionalism and deep market insight. While firmly rooted in Latvia, we support clients in buying and selling properties worldwide. Our full-service approach spans residential and commercial brokerage, valuation, legal support, land surveying, and tailored investment advisory. We work across a diverse range of property types - from apartments and private homes to development land and commercial assets.
Whether you are seeking your next residence, a strategic investment, or expert guidance through a complex transaction, LATIO delivers reliable, client-focused service backed by decades of experience.
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Last updated
July 6
First listed
Dec 15, 2025
Listing reference
133070
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