12:20 PM: The “for sale” sign is now up at the former Fire Station 37 (35th/Othello). The city process of putting it on the market – since it’s been replaced by a bigger new station a few blocks south – has been under way for a long time (here’s the 47-page city analysis); last month, the city announced it had chosen Colliers to handle the listing. What the new owner can do with the ex-station and its 9440-square-foot lot will be limited, since – as the sign points out – it’s in a single-family zone, plus, the building is an official city landmark. We haven’t found the listing online yet, but have messages out to the brokers whose names are on the sign.
12:59 PM UPDATE: Arvin Vander Veen from Colliers replied to our question about the asking price among other things:
We are gathering all of the pertinent materials … now and will be ready in about one week to blast it out. There is no asking price, only a minimum bid of $250,000. We are going to have two open houses coming up, and then in April we will call for offers from all of the people that fill out the Confidentiality Agreement needed to receive all of the due diligence materials. All offers must be noncontingent, all cash with proof of funds attached, from which we will pick the buyer and close escrow immediately.
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