📝 Description
A 109.26 sqm plot of non-residential premises is being sold via a repeat auction in the Vilnius District Municipality, Nemėžis town, Kooperatyvo Street 4A. The premises are in a basement with street access via a single entrance. The starting price for this auction is set at 16500 EUR. Access is severely limited: the electrical connection has already been terminated, and there is no formally established land plot or signed state land lease agreement.
The property's condition is extremely poor. The premises are partially collapsed, in an emergency hazard state, abandoned, and neglected. Due to time, weather, vandalism, and other factors, the entire area is unfit for its intended purpose. The buyer must assess the property's condition and all risks associated with the purchase, as it is sold strictly "as is" on the day of sale.
This asset is being sold on behalf of UAB "Nemėžio komunalininkas" (company code 186063262). The auction participation registration fee is 150 EUR. A security deposit of 500 EUR will be credited toward the purchase price if the bidder wins.
Bids can be registered from 2026-05-18 00:00:00 until 2026-05-20 23:59:59. The repeat auction itself will run from 2026-05-25 09:00:00 through 2026-05-26 13:59:59. The successful bidder will have no more than 60 calendar days to finalize payment. If the winner defaults on the agreement, the security deposit is non-refundable, and the defaulting buyer may be responsible for covering the costs of launching a new auction.
The property's condition is extremely poor. The premises are partially collapsed, in an emergency hazard state, abandoned, and neglected. Due to time, weather, vandalism, and other factors, the entire area is unfit for its intended purpose. The buyer must assess the property's condition and all risks associated with the purchase, as it is sold strictly "as is" on the day of sale.
This asset is being sold on behalf of UAB "Nemėžio komunalininkas" (company code 186063262). The auction participation registration fee is 150 EUR. A security deposit of 500 EUR will be credited toward the purchase price if the bidder wins.
Bids can be registered from 2026-05-18 00:00:00 until 2026-05-20 23:59:59. The repeat auction itself will run from 2026-05-25 09:00:00 through 2026-05-26 13:59:59. The successful bidder will have no more than 60 calendar days to finalize payment. If the winner defaults on the agreement, the security deposit is non-refundable, and the defaulting buyer may be responsible for covering the costs of launching a new auction.
📍 Location
📍 Vilniaus r. sav. Nemėžio mstl. Kooperatyvo g. 4A
❓ Frequently asked questions
What is the starting price for the non-residential premises at auction?
The starting price for the premises is 16500 EUR.
When does registration for the repeat auction close?
Auction registration closes on 2026-05-20 23:59:59.
When will this sale auction take place?
The auction will run from 2026-05-25 09:00:00 to 2026-05-26 13:59:59.
What is the area and location of the non-residential premises?
The premises measure 109.26 sqm. They are located in the Vilnius r. sav., Nemėžis town, Kooperatyvo g. 4A, basement level.
What are the required fees for participating in the auction?
The bidder registration fee is 150 EUR (non-refundable), and the security deposit is 500 EUR.
What is the primary condition of the premises and associated risks?
The premises are in an emergency, partially collapsed, abandoned, and neglected condition. The buyer must fully assess all risks as they are sold strictly as is.