An office building overlooking the Neva on Malookhtinsky Prospekt is up for sale

The Russian Auction House (RAD) put up for sale an office building with an area of ​​2.9 thousand square meters. m with a land plot of 1.5 thousand sq. m. m in the Krasnogvardeisky district of St. Petersburg. The building is also known as the “Kokorev Shelter House” and is an identified cultural heritage site.

• Address: St. Petersburg, Malookhtinsky Prospect, 8a.
• The object is in good condition . Currently, part of the building's space is leased for offices.
• Price — 550 million rubles.
• Sale on behalf of a private owner.

The facility is located in the business part of the city, on the corner of Malookhtinsky Prospect and Pomyalovsky Street, 15 minutes from the Novocherkasskaya metro station. In the immediate vicinity is the Bolsheokhtinsky Bridge, which connects the Krasnogvardeisky district with the Central one. One of the main transport routes of the area, Zanevsky Prospekt, is 1.2 km away, along which you can get to the Ring Road interchange.

The immediate surroundings are represented by residential and public and business buildings. Nearby are the St. Petersburg Plaza business complex, Eightedges business center, Alexander Nevsky business center, grocery stores, bakeries, etc.

The building was built in 1911–1912 according to the design of the architect K.V. Makovsky to house the Kokorevs’ shelter. The object is a three-story house with a basement floor and two-story courtyard outbuildings, built in the neoclassical style. During the Soviet years, the shelter was closed, and the building was transferred to a special paper and film factory. At the end of the 90s of the 20th century — the beginning of the 21st century, the building became private property and is currently used as an administrative building.

“This part of Malaya Okhta can be called a business cluster. A large number of company offices are concentrated here, including the head office of the St. Petersburg Bank. Good transport accessibility by both personal and public transport, as well as proximity to the city center, make this location in demand among tenants, which is confirmed by analyst data. At the end of 2023, the vacancy rate for office space in this area was only 6.9%.

One ​​of the advantages of the building on Malookhtinsky, 8a is the picturesque view from the windows of the Neva and Smolny Cathedral. Taking into account the fact that part of the space is currently leased, a potential investor can use the property as a rental business. However, the asset may also be of interest to the final buyer for locating the company’s own office,” says Daria Goncharova, Deputy Head of the Sales Department of RAD.

With detailed information about The object of sale can be found on the website of the Russian Auction House (RAD).