COMMERCIAL SPACE FOR SALE IN THE CENTER OF PALANGA – S. DAUKANTO STREET 10

COMMERCIAL SPACE FOR SALE IN THE CENTER OF PALANGA – S. DAUKANTO STREET 10

Commercial space measuring 455.01 square meters is for sale in a prestigious location in Palanga, just a few steps from J. Basanavičiaus Street, Simpsono Street, and the Baltic Sea. This is one of the most attractive business locations in the entire resort, characterized by exceptionally high foot traffic and excellent visibility.

The property is being sold as a single unit for €1,000,000; however, due to its functional layout and the presence of four separate entrances, there is a realistic possibility of dividing the premises into two or even three separate units. Each section can operate independently, as it has its own entrance.

The price is just €2,198 per square meter, which is an exceptionally attractive rate for such a prime location in the center of Palanga.

The premises are currently leased and generating income. The lease agreement can be terminated if necessary.

PROPERTY HIGHLIGHTS

•Just about 150 m from J. Basanavičiaus Street •Just about 40 m from Simpsono Street • About 500 m to the beach •Storefront windows and excellent visibility of the property •Four separate entrances to the premises •Possibility to divide into two or three separate units •Recuperative ventilation system •Alarm and fire protection systems •The building was renovated in 2014 •Premises renovated in 2017

POSSIBLE ACTIVITIES

The premises are ideal for:
•Restaurant or café •Retail business •Medical clinic • Dental clinic •Rehabilitation or wellness center •Aesthetic medicine clinic •Beauty salon •SPA, massage, or cosmetology services •Office or customer service center •Sports, yoga, or Pilates studio •Investment project, dividing the space into smaller commercial units

If necessary, the seller may consider changing the intended use of the premises to suit the nature of the future owner’s business.

This is a rare opportunity to acquire a large-scale commercial property in one of Lithuania’s most sought-after resort destinations, where business potential is driven not only by the prime location but also by the flexible layout of the space, which can be adapted to a variety of uses.

For more information or to schedule a viewing, please contact us by phone at +370 602 23723 or by email at rimantas@comreal.lt