The Auction House of the Russian Federation is selling a shopping and office building in the Kaluga Oblast, by order of Sberbank

On 12 August 2013, the Auction House of the Russian Federation (AHR) is holding an auction by order of Sberbank of Russia. A non-residential building with a total area of 10,819 sq.m. and a land plot of an area of 0.5 hectares will be up for sale. The starting price of the lot is 261.8 million rubles (24,200 rubles per sq.m.).

The seven-story building is located in a new part of the city of Obninsk, in a zone with a high density of residential development. In direct proximity to the building, a weekend market is held every week. These factors are attractive for the development of shopping and office activity in this district.

Address: Kaluga Oblast, Obninsk, Pr. Marksa, d. 70

The lot includes:
A land plot (5 640 sq.m);
Nine units (from 522.7 to 1,403.2 sq.m.) which together make up a whole building.

Starting price – 261 889 632 rubles.
Auction step – 1 million rubles.
Applications for participating in the auction are accepted until 9 August 2013.

“At present, the object has been put into operation, all the necessary internal and external communications have been connected, and certificates have been received. The new owner will have to make investments for repairs to the façades, construction of the draining system and interior decorating work. The object has been evaluated taking into account all of the necessary expenses,” says Vadim Pirushin, the deputy director of the Moscow office of the Auction House of the Russian Federation.