Vercelli building listed for sale with 1.9 million euro base price
A 3,630-square-meter mixed-use building in central Vercelli is open for auction with a base price of €1.9 million. Banca d'Italia requires formal expressions of interest to be submitted by December 16, 2026.
From bank branch to residential units
The property located at Via Goffredo Mameli 9 in Vercelli comprises five above-ground floors, two basement levels and an attic floor, totaling approximately 3,630 square meters of commercial space.
This includes 1,800 square meters designated for tertiary use and 1,830 square meters for residential purposes.
Registered units include one credit institution branch, one private office, one sports facility, five apartments and eight storage cellars.
The asset is sold as a single block in its current condition with an energy performance rating of Class D. Bids must meet or exceed the base price of €1.9 million.
The buyer assumes full responsibility for all required regulatory upgrades to existing technical systems.
Two-stage bidding with strict deposit rules
The sale operates through a multi-stage procedure requiring prospective buyers to submit formal expressions of interest by December 16, 2026.
Banca d'Italia will evaluate submissions and notify candidates in January 2027.
Qualified applicants must provide an irrevocable purchase offer accompanied by a provisional security deposit of €190,000, valid for 180 days.
If competing offers fall within a 20 percent price margin, an upward bidding session will open with a mandatory minimum increment of €30,000. Final contract execution requires a 20 percent definitive deposit.
Administrative cleanup with local footprint
This auction continues Banca d'Italia's steady disposal of non-core regional real estate.
While the €1.9 million reserve price is modest for 3,630 square meters, uncertified technical installations will depress developer margins.
The transaction remains routine administrative housekeeping with negligible macro financial relevance.