Administrative building in Kedainiai, J. Basanaviciaus g. 59, 390963 EUR

An administrative building with a basement and two floors totaling 1583,68 sq. m is being sold in Kedainiai at J. Basanaviciaus g. 59. This property, built in 1957 and 100% complete, is offered at an auction starting price of 390 963 EUR. The basement area covers 473,47 sq. m, the first floor 530,78 sq. m, and the second floor 579,43 sq. m. The building is marked with plan codes 1B2p and 2b2p and has a power capacity of 35 kW.

The property features centralized local heating, municipal water supply, and sewage disposal. Note that the building is located within a cultural heritage zone, which may affect future reconstruction or usage.

Currently, some rooms are rented out: 8 lease agreements cover an area of 605,71 sq. m, generating a monthly rent of 2 481,23 Eur, indicating current investment return. The land plot is state-owned, covering 0,1818 ha, with a lease agreement valid until 2101-12-24. The land use type is Public Purpose Territories. A fee of 170,00 Eur was paid for the 2023 land rent.

Participants wishing to bid must pay a 10 000 EUR deposit. Registration runs from 2024-12-09 until 2024-12-13 23:59:59. The auction starts on 2024-12-18 09:00:00 and ends on 2024-12-19 13:59:59.

The winning bidder covers contract preparation costs, including the notary, and signs the agreement at a Vilnius City Notary Office. The seller does not guarantee property usage potential or expected reconstruction outcomes. Buyers must independently assess property condition, legal status, restrictions, and resolve all state land lease/purchase matters with relevant authorities (Nacionaline žemės tarnyba ar vietos savivaldybe). Payment for the property is due within 90 calendar days from signing the sale agreement.