📝 Description
A commercial building belonging to the state is up for sale in Vilnius Old Town at Užupio street 9. The auction organized by VĮ Turto bankas will take place in March 2026. This real estate property is a commercial building 2I2/p with a total area of 205,18 sqm. Construction completion is at 85%, but the structure has sustained physical damage from fire and shows roof defects. The sale includes the property as-is in its current physical and functional condition. VĮ Turto bankas does not guarantee to verify current cadastral data status or clear existing items.
The property is located in a unique area: it falls within Vilnius Old Town (unique object code 16073) and the archaeological site of Vilnius old town and suburbs (unique object code 25504), which are registered as immovable cultural heritage sites in Lithuania. This means that any usage, maintenance, construction or reconstruction work will be strictly regulated by Construction and Immovable Cultural Heritage Protection laws.
Important condition: The property is sold on state-owned land where the plot is not formed and rights to this land plot are not transferable. Third parties actually use rooms on the second floor (plan index 2-11), ensuring their access, but no agreements regarding this access have been made. VĮ Turto bankas neįsipareigoja nustatyti aktualios kadastro duomenų būklės ar iškraustyti esančių daiktų.
The starting price is 161 401,00 EUR, which includes 133 389,26 Eur property value and 28 011,74 Eur VAT. The auction deposit required to participate is 16140 EUR, and the registration fee is 100 EUR. The auction runs from 2026-03-12 09:00:00 until 2026-03-13 13:59:59. Registration opens from 2026-03-04 00:00:00 to 2026-03-06 23:59:59. Inspections are limited and arranged only before the start of registration by prior agreement.
The property is located in a unique area: it falls within Vilnius Old Town (unique object code 16073) and the archaeological site of Vilnius old town and suburbs (unique object code 25504), which are registered as immovable cultural heritage sites in Lithuania. This means that any usage, maintenance, construction or reconstruction work will be strictly regulated by Construction and Immovable Cultural Heritage Protection laws.
Important condition: The property is sold on state-owned land where the plot is not formed and rights to this land plot are not transferable. Third parties actually use rooms on the second floor (plan index 2-11), ensuring their access, but no agreements regarding this access have been made. VĮ Turto bankas neįsipareigoja nustatyti aktualios kadastro duomenų būklės ar iškraustyti esančių daiktų.
The starting price is 161 401,00 EUR, which includes 133 389,26 Eur property value and 28 011,74 Eur VAT. The auction deposit required to participate is 16140 EUR, and the registration fee is 100 EUR. The auction runs from 2026-03-12 09:00:00 until 2026-03-13 13:59:59. Registration opens from 2026-03-04 00:00:00 to 2026-03-06 23:59:59. Inspections are limited and arranged only before the start of registration by prior agreement.
❓ Frequently asked questions
What is the starting price of the commercial building and its composition?
The starting sale price is 161 401,00 EUR, which includes 133 389,26 Eur property value and 28 011,74 Eur VAT. The 1/1 share is being sold.
When will the VĮ Turto bankas auction for the building at Užupio g. 9 take place?
The auction starts on 2026-03-12 09:00:00 and ends on 2026-03-13 13:59:59.
What are the registration fees and deposit for participating in the auction?
The deposit is 16140 EUR, and the registration fee is 100 EUR. Both fees are paid via Neopay system or bank transfer.
What special conditions apply to the commercial building due to its location?
The building is in Vilnius Old Town and Protected Cultural Heritage (archaeological site) territory, so construction and renovation work is regulated by Cultural Heritage Protection laws.
Does the land with the sold building belong to the buyer?
The commercial building is on state-owned land where the plot is not formed. Rights to the land plot are not transferred when selling this property.
Is the building in good condition and can it be inspected?
The building is unfinished (85% completion) and has physical damage from fire (roof). Inspection is limited and arranged only until the end of registration.
Are there other people using the rooms during the sale?
Yes, third parties actually use rooms on the second floor (index 2-11), ensuring access, but VĮ Turto bankas neįsipareigoja nustatyti aktualios kadastro duomenų būklės ar iškraustyti.