📝 Description
An administrative building with a total area of 892.44 sqm is available for sale in Šilutė at Lietuvininkų g. 23, with a starting price of 330315 EUR. This property was built in 1907 and is fully completed (100%). The building consists of two floors plus a basement (128.40 sqm) and an attic (170.41 sqm). The total area includes 354.28 sqm on the first floor and 239.35 sqm on the second floor.
The entire building is owned by a single owner (1/1 share). It is registered in the register of immovable cultural heritage, so buyers must consider heritage protection requirements. Utilities are convenient: the building is heated centrally and has municipal water supply and sewage disposal. Electricity capacity is 10 kW.
Investment appeal is enhanced by existing rental income: there are currently 4 rental agreements covering an area of 377.31 sqm, generating a monthly rent of 1 066,67 Eur. The land plot (total 0.5244 ha) has a rental agreement for a portion of 0.1952 ha with the state until 2045-03-15; the land use type is commercial purpose objects territory. Land rent paid for 2023 was 347,97 Eur.
The auction starts on 2024-12-18 09:00:00 and ends on 2024-12-19 13:59:59. Registration closes on 2024-12-13 23:59:59. A participant must pay a deposit of 10000 EUR. The successful buyer covers all contract costs, including notary fees, and the contract is signed at the Vilnius City Notary Office. The seller does not guarantee reconstruction possibilities or usage matching buyer expectations, so the buyer must independently evaluate all conditions, restrictions, and territorial planning documents before the auction.
The entire building is owned by a single owner (1/1 share). It is registered in the register of immovable cultural heritage, so buyers must consider heritage protection requirements. Utilities are convenient: the building is heated centrally and has municipal water supply and sewage disposal. Electricity capacity is 10 kW.
Investment appeal is enhanced by existing rental income: there are currently 4 rental agreements covering an area of 377.31 sqm, generating a monthly rent of 1 066,67 Eur. The land plot (total 0.5244 ha) has a rental agreement for a portion of 0.1952 ha with the state until 2045-03-15; the land use type is commercial purpose objects territory. Land rent paid for 2023 was 347,97 Eur.
The auction starts on 2024-12-18 09:00:00 and ends on 2024-12-19 13:59:59. Registration closes on 2024-12-13 23:59:59. A participant must pay a deposit of 10000 EUR. The successful buyer covers all contract costs, including notary fees, and the contract is signed at the Vilnius City Notary Office. The seller does not guarantee reconstruction possibilities or usage matching buyer expectations, so the buyer must independently evaluate all conditions, restrictions, and territorial planning documents before the auction.
📍 Location
📍 Šilutės r. sav. Šilutės m. Lietuvininkų g. 23
❓ Frequently asked questions
What is the starting price and deposit for the administrative building in Šilutė, Lietuvininkų g. 23?
The starting price is 330315 EUR. The required participant deposit is 10000 EUR.
When does the auction take place and when does registration end?
The auction starts on 2024-12-18 09:00:00 and ends on 2024-12-19 13:59:59. Registration closes on 2024-12-13 23:59:59.
What is the total area of the building being sold and its main purpose?
The property for sale is a two-story administrative building with a basement and attic, totaling 892.44 sqm. The total completion level is 100%.
Are rental agreements overlapping with the auction?
There are 4 rental agreements in place covering an area of 377.31 sqm, generating a monthly rent of 1 066,67 Eur.
What conditions apply to using state land?
A land rental agreement has been established for a portion of 0.1952 ha (until 2045-03-15), with land use type as commercial purpose objects territory. The buyer must contact relevant institutions (Municipality or State Land Service) regarding transfer of lease rights.
What fees apply to signing the contract?
The winning auction participant (Buyer) covers all contract costs, including notary fees.
Does the building have cultural heritage status?
Yes, the building is registered in the register of immovable cultural heritage.