Building complex in Teika – A Property with Exceptional Investment Potential

We present for sale building complex at Ūnijas 45, Rīga, located in the rapidly developing Teika district. This property offers vast redevelopment and usage possibilities.

Property Description:

  • The complex consists of two buildings:
    • A 4-story building covering 2989.9 m²
    • A 1-story building covering 506.6 m² with basement and technical rooms.
  • Land area: 9148 m² – green, fenced territory.
  • Parking: Space for 50 vehicles.
  • Year built: 1959 (originally used as a hospital for the VEF factory).

Potential uses:

  1. Use as a medical facility with minimal investments.
  2. Redevelop the large building into a multi-apartment house for sale or rental, and convert the smaller building into a kindergarten.
  3. Execute reconstruction of the large building and develop additional residential volumes on the existing plot.
  4. Lease out the existing buildings as offices without the need for reconstruction.

Land development potential:

  • According to Riga’s city development plan, the DzD1 zone allows residential buildings with a total above-ground area of up to 14,600 m².
  • Maximum building intensity: 160%.
  • Allowed height: up to 6 floors.
  • Office and commercial functions are also permitted.

Additional Advantages:

  • Prime location: 10–12 minutes from Riga city center, within walking distance of kindergartens, schools, public transport, Domina and Teika Plaza Shopping Centers.
  • The well-developed infrastructure of the Teika district ensures high attractiveness for both residents and commercial users.

Contact us to learn more about the project and schedule a viewing!

Метаописание

МЫ РЯДОМ С ВАМИ НА ВСЕХ ЭТАПАХ СДЕЛКИ Silver Fox — ваш партнер на рынке недвижимости Латвии с 2004 года. Мы предлагаем элегантные решения в работе с недвижимостью (Smart Property Solutions). ESAM JUMS BLAKUS VISOS DARĪJUMA POSMOS Silver Fox Ir Jūsu Partneris Latvijas Nekustamo īpašumu Tirgū Jau Kopš 2004. Gada. Mēs Piedāvājam Elegantus Risinājumus Nekustamo īpašumu Darījumos (Smart Property Solutions) МЫ РЯДОМ С ВАМИ НА ВСЕХ ЭТАПАХ СДЕЛКИ Silver Fox — ваш партнер на рынке недвижимости Латвии с 2004 года. Мы предлагаем элегантные решения в работе с недвижимостью (Smart Property Solutions). ESAM JUMS BLAKUS VISOS DARĪJUMA POSMOS Silver Fox Ir Jūsu Partneris Latvijas Nekustamo īpašumu Tirgū Jau Kopš 2004. Gada. Mēs Piedāvājam Elegantus Risinājumus Nekustamo īpašumu Darījumos (Smart Property Solutions) МЫ РЯДОМ С ВАМИ НА ВСЕХ ЭТАПАХ СДЕЛКИ Silver Fox — ваш партнер на рынке недвижимости Латвии с 2004 года. Мы предлагаем элегантные решения в работе с недвижимостью (Smart Property Solutions). ESAM JUMS BLAKUS VISOS DARĪJUMA POSMOS Silver Fox Ir Jūsu Partneris Latvijas Nekustamo īpašumu Tirgū Jau Kopš 2004. Gada. Mēs Piedāvājam Elegantus Risinājumus Nekustamo īpašumu Darījumos (Smart Property Solutions)