The building of the historic Gustav Ehrenpreis bicycle factory is for sale for 2.95 million euros

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The property at Brīvības gatve 193, which is more widely known as “G. Ehrenpreiss bicycle factory”, available for purchase. It consists of a 1.70 ha plot of land and a historic production building. The price of the property – 2.95 million euros, the real estate agency Kivi Real Estate has been hired for its sale. “It is not only an opportunity to acquire a property that has significant development potential, but also to be involved in shaping the face of our city. Inevitably, the next project at this historic and important address for Latvia will be well known to everyone and will shape the image of our city for decades to come,” comments real estate agent and Kivi Real Estate partner Ēvalds Pavlovs, who is managing the sale of this property. A building renovation project has been developed for the property – an office building with five floors and a total area of ​​more than 6000 sq.m. Both successful office and residential building projects have already been developed in the area, which take advantage of the location’s advantages.

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