The issue price is 300 million rubles (about $8,6 million) for the building, construction and lot.
"The decision was made when we were convinced that the return on the use of this property was not great. If the facility is sold at a decent price (specified as at least 300 million rubles), the city would have a solid increase in the budget which would help solve many social issues," said Dmitry Suleeva, chairman of the committee, as reported by a press service.
The final decision on the future privatization will be during the City Duma deputies' next meeting May 29.
Fruitnews article (Russian): http://www.fruitnews.ru/home-page/vegetables/39351-vo-vladivostoke-privatiziruyut-fadeevskuyu-ovoshchebazu.html