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News

27.11.2024

Unique Development Opportunity: Auction of the Mere pst 10 Property

Until December 20, 2024, we are conducting an auction for a prime 4,627 m² plot located in the heart of Tallinn at Mere pst 10. The property comes with a valid detailed plan and building permit, allowing for immediate development.

Strategically situated between Tallinn’s Old Harbour and Mere Boulevard, the plot offers excellent visibility and accessibility. According to the detailed plan, a six-story commercial and office building is envisioned, featuring a total gross above-ground area of 14,500 m² and an underground area of 8,092 m². The two underground levels provide space for 140 parking spots, with utility connection points conveniently located near the property boundaries. The land is designated 100% for commercial use.

Positioned at a central urban hub, Mere pst 10 connects the historic Old Town, the modern business district, and the bustling passenger harbor. The area sees an annual footfall of approximately 8 million Port of Tallinn passengers, ensuring a high-traffic and vibrant environment. Nearby landmarks like the popular Rotermann and Porto Franco districts further enhance the area’s appeal.

This property is ideal for various business projects, including offices, cafés, restaurants, service and retail spaces, or accommodation establishments. The location guarantees excellent visibility and convenient access for pedestrians, public transport users, and drivers alike.

Learn more about the auction HERE.

Additional Information

DANEL TALPSEPP

Executive Manager | Board Member

PROFILE

KULDAR VALLANDI

Real Estate Agent

PROFILE

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