No bidders on former hospital building

 


No one bid on the former Wrangell hospital building, which the borough had offered to sell at a minimum asking price of $830,000.

The bidding period was open for a month and closed last Thursday. The property is now available for an over-the-counter sale.

“It means that the first person to come in to sign an intent to purchase with a 20% down payment (payment in full within 60 days of signing) would be the buyer,” Borough Clerk Kim Lane explained last Friday.

“If that happens, I would then take a resolution to the assembly to approve the sale.”

If a prospective buyer wants to offer...



For access to this article please sign in or subscribe.

 

Reader Comments(0)

 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2024

Rendered 04/17/2024 14:33