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2037 sqm Former School Building for Sale in Palonai, Radviliškis District, Starting Bid 58400 EUR

📝 Description

★★★★★ ★★★★★ 3.5
A 1/1 share of real estate, specifically a building formerly used as a school, is for sale in Palonai settlement, Radviliškis District Municipality, located at Mokyklos g. 1. The unique property ID is 4400-1169-9235. This property is offered as-is.

The structure is a brick masonry building, completed in 1966. The total area is 2037.16 sqm. The premises are two-storied (marked as 1C2p on the plan) and designated for educational use.

The owner, Radviliškio rajono savivaldybė, is not responsible for removing any items left inside the premises. The entire sale is conducted via a municipal auction.

Auction participation requires strict, time-sensitive payments. The security deposit is 5800 EUR, and the registration fee is 50 EUR, both due before the electronic auction registration closes. The registration fee is non-refundable and is not credited toward the final purchase price.

The winning bidder's security deposit will count as a partial payment for the acquired property. The purchase and sale agreement will be signed with the winner within 30 calendar days following the public auction's end. The remaining balance must be paid no later than 10 calendar days after the contract signing. All costs associated with contract execution, including notary fees, are covered by the auction winner.

Property inspection is scheduled for 2026-07-03 at 10:00. Viewing appointments must be arranged in advance with the староста (elder) of Baisogala Eldership.

📍 Location

📍 Radviliškio r. sav. Palonų mstl. Mokyklos g. 1

❓ Frequently asked questions

What is the starting price and what are the additional fees for auction participation?
The starting price is 58400 EUR. The required security deposit is 5800 EUR, and the registration fee is 50 EUR. These payments must be made before registration closes.
When does the public auction for this building in Radviliškis district end?
The auction closes at 2026-07-24 13:59:59. Registration is only open on 2026-07-21.
What are the main technical specifications of the building in Palonai settlement, Radviliškis district?
A two-story, 2037.16 sqm brick masonry school building, constructed in 1966, located at Mokyklos g. 1, Palonai settlement, is for sale.
What are the payment deadlines after winning the auction?
The purchase and sale agreement must be executed within 30 calendar days of the auction end, and the full price must be paid no later than 10 calendar days after the contract is signed.
Will the seller handle the removal of property contents before the sale?
No, Radviliškio rajono savivaldybė neįsipareigoja iškraustyti patalpose esančių daiktų; the property is sold in its current condition.
What is the unique property identification number and who is the seller?
The property's unique number is 4400-1169-9235, and pardavėjas yra Radviliškio rajono savivaldybė.

⏱ Auction time

Registration not started

Registration

Until: 2026-07-21 23:59:59
Left: 42 days

Auction

Until: 2026-07-24 13:59:59
Left: 45 days

🏠 Property details

📍 Address
Radviliškio r. sav. Palonų mstl. Mokyklos g. 1
Type
Pirminis
Subtype
Pastatai
Object ID: 422163
💰 Starting price
58400.00 €
Deposit
5800.00 €
Registration fee
50.00 €
Minimum increment
50.00 €
Confirmation
in 1 business days
Participate in auction
🔑 Keywords
school for sale auction commercial property Radviliškis district real estate Palonai settlement investment property auction former school building sale 58400 EUR