📝 Description
A property complex is for sale in Vilnius municipality at Vytenio g. 1, consisting of a large administrative building and land plot. The complex is offered at a public auction by Turto bankas with a starting price of 3880333 EUR. Buyers should pay attention to the current physical condition and legal aspects of the property.
The object comprises the following units: Administrative Building 1B5p (unique number 1096-7013-1018) with a total area of 2802.05 sqm in Vilnius, Vytenio g. 1. Also for sale is Garage 2G1p (unique number 1096-7013-1029) with an area of 98.51 sqm located at Vytenio g. 1B. A land plot is for sale, unique number 0101-0055-0045, occupying an area of 0.1615 ha in Vilnius, Vytenio g. 1.
The real estate is sold in its current physical and functional condition based on existing cadastral data. Administrative Building 1B5p has significant changes: fire escapes have been installed, ventilation ducts replaced, windows and openings changed, and part of the partitions removed. Valstybės įmonė Turto bankas neįsipareigoja nustatyti aktualios kadastro duomenų būklės ar iškraustyti esamų daiktų. The electrical installation in the building is physically damaged and the object is not operational.
Important legal conditions: The land plot boundaries cross Administrative Building 1B5p, part of which is on state land without a formed land plot. The buyer must review risks regarding possible non-compliance with construction law requirements for the building belonging to unequally controlled land. Unregistered courtyards, fences and gates are present on the land plot for sale and are considered appurtenances of the plot. A roofed structure 19I1m (unique number 1094-0119-9128) owned by third parties is registered on the plot, and its ownership rights are not transferred. Part of bakery 17P1p (unique number 1094-0119-9160) building also enters the plot, whose legal status Turto bankas neturi.
Access to the land plot for sale from Vytenio street occurs through 2 arches located on free state land. Access may also depend on agreements with owners of adjacent objects (J. Basanavičiaus g. 42 and Vytenio g. 3) and part of the plot (unique number 0101-0055-0052, J. Basanavičiaus g. 44).
The object comprises the following units: Administrative Building 1B5p (unique number 1096-7013-1018) with a total area of 2802.05 sqm in Vilnius, Vytenio g. 1. Also for sale is Garage 2G1p (unique number 1096-7013-1029) with an area of 98.51 sqm located at Vytenio g. 1B. A land plot is for sale, unique number 0101-0055-0045, occupying an area of 0.1615 ha in Vilnius, Vytenio g. 1.
The real estate is sold in its current physical and functional condition based on existing cadastral data. Administrative Building 1B5p has significant changes: fire escapes have been installed, ventilation ducts replaced, windows and openings changed, and part of the partitions removed. Valstybės įmonė Turto bankas neįsipareigoja nustatyti aktualios kadastro duomenų būklės ar iškraustyti esamų daiktų. The electrical installation in the building is physically damaged and the object is not operational.
Important legal conditions: The land plot boundaries cross Administrative Building 1B5p, part of which is on state land without a formed land plot. The buyer must review risks regarding possible non-compliance with construction law requirements for the building belonging to unequally controlled land. Unregistered courtyards, fences and gates are present on the land plot for sale and are considered appurtenances of the plot. A roofed structure 19I1m (unique number 1094-0119-9128) owned by third parties is registered on the plot, and its ownership rights are not transferred. Part of bakery 17P1p (unique number 1094-0119-9160) building also enters the plot, whose legal status Turto bankas neturi.
Access to the land plot for sale from Vytenio street occurs through 2 arches located on free state land. Access may also depend on agreements with owners of adjacent objects (J. Basanavičiaus g. 42 and Vytenio g. 3) and part of the plot (unique number 0101-0055-0052, J. Basanavičiaus g. 44).
❓ Frequently asked questions
What is the starting price for the administrative building and land plot at Vytenio g. 1?
The starting price for the auction is 3880333 EUR.
When will the main property auction at Vytenio g. 1 take place?
The auction starts 2026-04-27 09:00:00 and ends 2026-04-28 13:59:59.
What are the mandatory fees for participating in the auction?
The required security deposit is 388033 EUR, and participant registration fee is 200 EUR.
What are the main property defects buyers should note?
Significant changes have been made to the administrative building (fire escapes, ventilation ducts, part of partitions removed), electrical installation is physically damaged, and part of the building stands on state land without a formed plot.
What is the total area of the property for sale and land plot size?
Administrative building 2802.05 sqm, garage 98.51 sqm and land plot 0.1615 ha are sold in total.
When can the real estate object be viewed?
Property viewings are organized before registration begins, by individually coordinating time with the representative of Turto komercijos skyriaus.