Another city-owned building is on auction block

Got an extra $75,000 to spare? If so, this building could be yours.

 

 

By Charles Sercombe

          It’s Plan B for how to get rid of a city-owned loft development.

          There were no bids submitted for a two-story building on Jos. Campau and Goodson, said Kathy Angerer, the city’s Director of Community Economic Development.

          It’s no wonder, though, since the starting bidding price was $145,000, which some thought was overpriced.

          Angerer said the building will be put up for bid down the road, but also stressed there is no fixed plan on what to do next with it.

          The building has two finished lofts on the second floor and one on the ground floor.

          The city took possession of the building through a county tax foreclosure sale.

          Hamtramck also owns a four-story building on Jos. Campau and Belmont. That building is being put up for auction, with bids due Feb. 12. Once again the bids must be sealed. There will be a walk-through of the building on Jan. 21 at 10:30 a.m.

          There is a minimum bid of $75,000.

          She noted that the building is loaded with items, such as furniture, an antique stove, musical instruments and so on, which may be put up for auction before the sale of the building.

          As for the next round of city lots up for auction, Angerer said the city will wait until spring. There are over 200 city-owned lots that are waiting to be sold.

          In the meantime, Angerer said the city will entertain bids on any lot as long as a professional appraisal is done.

 

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