For about half the average price of a home in Seattle, you could buy Wrangell’s former hospital property.
The borough assembly passed a resolution on Nov. 18, dropping the price of the property from its appraised value of $830,000 to a new asking price of $498,000, pretty close to the reduced price of $470,000 the borough advertised in 2022.
The property, which has been vacant since SEARHC moved out in 2021, currently sits empty. It costs the borough several tens of thousands of dollars a year to insure and maintain the building against damage from cold and water.
In dropping the price to 60%...
Reader Comments(0)