📝 Description
A two-story administrative building in Marijampolė, Kęstučio g. 5, is being sold at a second-hand auction. Constructed in 1989 and reconstructed between 2004-2008, the property offers full completion (100%) with a total area of 1198,41 m2. The building has high investment potential due to its size and location.
The internal layout is modern: the basement contains 312,47 m2, the first floor has 458,40 m2, and the second floor holds 427,54 m2. Utilities include central heating, water supply, and sewage removal. The electrical capacity is 75 kW.
Currently, two rental agreements are active within the building, covering a total area of 70,98 m2 on the first floor (rooms with indices 1-2, 1-14, 1-15). An adjacent state-owned land plot of 0,1420 ha is leased until 2089-05-18. The land use category is designated as 'other'. The 2023 land rent fee was paid at 218,40 Eur. Buyers must note that state land lease terms are regulated by law and can be changed by the local municipality.
The starting auction price is 562000 EUR. A participation guarantee of 5000 EUR is required to bid. The auction runs from 2024-09-11 09:00:00 to 2024-09-12 13:59:59. Registration opens on 2024-09-02 00:00:00 and closes on 2024-09-06 23:59:59. Property inspections are arranged in advance until registration ends.
Closing costs, including notary fees, are paid by the winning bidder. Buyers must independently evaluate all property condition, usage, and legal aspects before submitting a bid.
The internal layout is modern: the basement contains 312,47 m2, the first floor has 458,40 m2, and the second floor holds 427,54 m2. Utilities include central heating, water supply, and sewage removal. The electrical capacity is 75 kW.
Currently, two rental agreements are active within the building, covering a total area of 70,98 m2 on the first floor (rooms with indices 1-2, 1-14, 1-15). An adjacent state-owned land plot of 0,1420 ha is leased until 2089-05-18. The land use category is designated as 'other'. The 2023 land rent fee was paid at 218,40 Eur. Buyers must note that state land lease terms are regulated by law and can be changed by the local municipality.
The starting auction price is 562000 EUR. A participation guarantee of 5000 EUR is required to bid. The auction runs from 2024-09-11 09:00:00 to 2024-09-12 13:59:59. Registration opens on 2024-09-02 00:00:00 and closes on 2024-09-06 23:59:59. Property inspections are arranged in advance until registration ends.
Closing costs, including notary fees, are paid by the winning bidder. Buyers must independently evaluate all property condition, usage, and legal aspects before submitting a bid.
📍 Location
📍 Marijampolės sav. Marijampolės m. Kęstučio g. 5
❓ Frequently asked questions
What is the starting price of the administrative building in Marijampolė at Kęstučio g. 5?
The starting selling price is 562000 EUR.
When does registration for the auction end?
Registration ends on 2024-09-06 23:59:59.
What are the total area characteristics of this building?
Total area is 1198,41 m2, divided as follows: basement 312,47 m2, first floor 458,40 m2, second floor 427,54 m2.
Are there land lease conditions related to the property being sold?
A state-owned land plot of 0,1420 ha is adjacent to the building, leased until 2089-05-18. The 2023 rent fee was 218,40 Eur.
What is the required fee to participate in the auction?
The participant guarantee fee is 5000 EUR.
When will the auction take place?
The auction starts on 2024-09-11 09:00:00 and ends on 2024-09-12 13:59:59.