Building complex on Fontanka embankment, 57

The Auction House of the Russian Federation is preparing to auction off a 100% share package of a legal person who owns the right of long-term lease of the building complex of the former Ministry of Internal Affairs of the Russian Empire. Essentially, the owner of the lot will be given the right of lease of 18,300 sq.m. in the historical center of Petersburg.
Starting price of sale object – 1.76 billion rubles.


The building on the Fontanka embankment was constructed in the 1830s according to the project of the leading Italian architect Carl Rossi with the assistance of Iosif Charlemagne, and is a component part of the ensembles of Ploshchad Ostrovskogo with the Alexandrinsky Theater, ulitsa Zodchego Rossi and Ploshchad Lomonosova. From 1847 to 1917 it was occupied by the Ministry of Internal Affairs. From 1925, the Lenizdat printing house was located in the building.
At present, the object is on long-term lease until 2054, and is not being used. In the building of the former Ministry, preparations have been made for preliminary finishings, and the façades have also been prepared.
The facing part of the building on the Fontanka embankment has been included in the list of objects of historical and cultural heritage of culture significance, “Ministry of Internal Affairs”. The courtyard wings are not included on the list of monuments.
After restoration and repairs, it is possible to put a class A business center in the complex or a five-star hotel.

Address: St. Petersburg, Fontanka embankment, d. 57 (Torgovy per. 1, pl. Lomonosova, 3).
Total area of complex – 18,336.5 sq.m., including:
- area of main building – 12,179 sq.m.;
- area of two wings – 5,822 sq.m.;
- area of transformer sub-station – 334 sq.m.
Area of lot – 6,347 sq.m.
Starting price of sale object – 1.76 billion rubles.

Konstantin Raev, first deputy general director of the Auction House of the Russian Federation:
Essentially, the future buyer of this unique lot will receive large spaces in the historical city center for over 40 years, with excellent views, in a district with a high level of business activity, and ten minutes’ walk from Nevsky Prospekt.
The construction features of the main building are unique because of the free planning, allowing a painless solution to the problem of placing high-class objects in historical buildings, including installing any ventilation and air-conditioning systems, information and communications systems, and also security systems.
Furthermore, in one of the courtyard wings, parking for 200 cars can be organized.
The object is equipped with all engineering networks with existing contracts for connections.
Thus, after restoration, the buyer will have the opportunity to put the object into operation quite quickly.

Information on object