16 Skunu Street

16 Skunu Street

(our realized project)


Location: the building faces Tirgoņu Street, one of the busiest pedestrian and tourist streets which connects Dome Square and Townhall Square.


The building was built in 1822 and reconstructed in 1879 (architect Heinrihs Kārlis Šēls) as a retail building featuring apartments. After the building was acquired in 2012, Baltic RE Group carried out extensive renovation and repair works, making use of high-quality finishing materials, increasing the retail area and modifying the commercial windows, adding new retail entrances, and fully recovering the 75% of the upper floors apartments.


The building is fully powered by green electricity, whose production process uses entirely renewable energy resources.


The main tenants are the Stargorod sports bar, where you can taste different cocktails, Czech craft beer and delicious food, enjoying a good atmosphere with a view of the Dome Square, as well as Latvijas Balzams, the leading producer of alcoholic beverages in the Baltics.

Technical data

  • Gross Building Area: 1 356.70 m2
  • Total Internal Area: 1,618.03 m2
  • Leasable area: 1 238.20 m2
  • Number of floors: 6 + basement and roof terrace

Our benefits

Real estate innovative property management
Commercial Real estate focus
Long term view and highly focused vision
Solid fundamentals and potential incremental value through active real estate management
Well based internal property management
Internal record-keeping and reporting activities