ARCO REAL ESTATE

ID: 107625 Edited: 21.01.2026.

For Sale: Promising Development Land in Brasa, Straumes Street 2

A land plot for sale in Brasa, part of Riga’s historical central area. The property is suitable both for residential development and as an investment project. It is located in a perimeter mixed-use development zone (JC8), allowing the construction of an apartment building, terraced houses, or a residential building with commercial premises.

Property details:
Total land area: 1,380 m². The plot can be subdivided into two separate parcels of 653 m² each. The land has a rectangular shape and convenient access.

Location and surroundings:
The plot is bordered by a green park area on two sides, while the remaining sides face distant and quiet neighbours. Construction of new buildings around the plot is restricted, ensuring no future buildings directly along the boundaries. The area is very green and peaceful, while still offering excellent access to city infrastructure. Public transport stops and sports facilities for both children and adults are located nearby.

Utilities:
All essential city utilities are connected: electricity, water supply, sewage system and gas.
Development potential and project:

A multi-storey building project has been developed.
According to the project concept:
– building footprint: 389 m²;
– roads and paved areas: 439 m²;
– green area: 461 m²;
– perimeter mixed-use development (JC8) up to 3 storeys;
– planned total building area: 836 m² (with the possibility to increase it through redesign).

Existing buildings:
A residential house is located on the plot with the following parameters:
– building footprint: 141.7 m²;
– total area: 244.4 m²;
– usable area: 194.4 m²;
– apartment area: 194.4 m².

There is also an additional utility/storage building on the property.

Additional option:
It is possible to purchase only half of the property — a land portion with the residential house and utility building. A reduced price applies when purchasing half.
The property is suitable both for private house or townhouse development and for developers seeking land with clear development potential and a strong location in central Riga.