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Administrative Building for Sale in Vilnius, T. Ševčenkos St. 16G (838 sqm) for 1190200 EUR

📝 Description

★★★★★ ★★★★★ 4.5
An administrative building totaling 837.94 sqm is available for sale in Vilnius at T. Ševčenkos g. 16G, along with a 0.1312 ha land plot. The building's unique ID is 1096-6023-0177, and the land plot's unique ID is 0101-0055-0113. The starting auction price is 1 190 200 EUR for the entire 1/1 ownership share.

The property includes a dedicated 420 sqm road easement for vehicle access, marked on the plan across sections 10, 7, 8, 11, 12, 9, 5, 13, 1, 2, 3, 4.

A crucial condition: the property is currently leased to a state institution. The winning bidder must sign a lease agreement with VĮ Turto bankas within 5 business days of ownership transfer. Under this agreement, VĮ Turto bankas will lease the property from the buyer and sublease all or part of the premises to the state institution for its administrative activities. If the buyer fails to secure this lease agreement, they must compensate VĮ Turto bankui atlyginti visus tiesioginius nuostolius related to relocating the state institution, covering the rental price difference between the sold property and the new premises, plus other direct damages defined in the Civil Code of the Republic of Lithuania, within 15 business days of the demand.

The property is sold in its current physical and functional condition based on existing cadastral data. VĮ Turto bankas neįsipareigoja nustatyti aktualios nekilnojamojo turto kadastro duomenų būklės.

The site is located within the designated territory of a movable cultural heritage object—the historical part of Vilnius City known as Naujamiestis (Code 33653). The property is designated as an urban structure building (TRP 14). Its use, management (reconstruction, renovation, modernization, demolition) is strictly regulated by Lithuanian laws concerning Construction and Protection of Immovable Cultural Heritage, along with their implementing regulations.

📍 Location

📍 Vilniaus m. sav. Vilniaus m. T. Ševčenkos g. 16G

❓ Frequently asked questions

What is the initial auction price and validity period for the real estate?
The starting price for the administrative building with the plot is 1 190 200 EUR. The auction will run from 2025-11-03 09:00:00 until 2025-11-04 13:59:59.
What payments are required to participate in the auction?
A security deposit of 119 020 EUR and a registration fee of 200 EUR are required. Payments can be made via NEOPAY or by bank transfer to account LT96 7044 0600 0000 0795 at AB SEB banke, specifying the electronic auction number.
What is the physical address and area of the property for sale?
The property is located at T. Ševčenkos g. 16G, Vilnius city municipality. The total building area is 837.94 sqm, and the assigned land plot is 0.1312 ha.
What are the main restrictions related to the property's use?
The property is in a cultural heritage site area and is classified as an urban structure building; its management and reconstruction are regulated by heritage protection laws. Furthermore, upon sale, a lease agreement with VĮ Turto bankas is mandatory.
When is registration for the auction taking place?
Registration for the auction runs from 2025-10-27 00:00:00 until 2025-10-29 23:59:59.
Can the administrative building be inspected before the auction?
Inspections are organized before registration for the auction opens, following prior individual arrangement with the representative of the Property Sales Department.
What is the unique number of the object and what portion is being sold?
The building's unique number is 1096-6023-0177. The entire 1/1 ownership share is being offered for sale.

⏱ Auction time

Auction ended

Registration

Until: 2025-10-29 23:59:59

Auction

Until: 2025-11-04 13:59:59

🏠 Property details

📍 Address
Vilniaus m. sav. Vilniaus m. T. Ševčenkos g. 16G
Type
Pirminis
Subtype
Pastatai
Object ID: 397587
💰 Starting price
1190200.00 €
Deposit
119020.00 €
Registration fee
200.00 €
Minimum increment
10000.00 €
Confirmation
in 2 business days
Participate in auction
🔑 Keywords
administrative building Vilnius real estate T. Ševčenkos g. commercial space auction Vilnius rental obligation property sale 838 sqm building Vilnius