Town to Auction Cuen Building located in Historic Downtown Florence

The Town of Florence is auctioning the property located at 145 North Main Street. The Town is accepting sealed bids from now until March 26, 2015, at 11:00 am.  The minimum acceptable bid price is $1,000.  The award of the purchase will go to the highest bidder and will be determined at the April 6, 2015 Florence Town Council meeting. 

The building is approximately 1,320 square feet, with approximate dimensions of 31 feet by 42.58 feet. The building is located at the southwest corner of Main Street and 11th Street.  The parcel number for the property is 200-49-0730. 

The building is considered an important part of the Florence Historic District.  The successful bidder must work with the Town of Florence and particularly the Community Development Department and the Historic District Advisory Commission, on the stabilization and renovation of this historic building.  

The Town of Florence will issue deed restrictions on the subject parcel as follows: 

            Phase 1: The subject building must be stabilized within one hundred days of the successful bidder taking title to the building. A one-time thirty day extension to complete the stabilization may be granted by the Town. Extensions will be granted upon special circumstances authorized by the Town of Florence. Stabilization, at a minimum shall mean that the building is considered structurally safe and sound though not yet occupyable; the building is generally weather-proofed; the pigeon infestation is adequately addressed; windows and doors on the building are exposed; and exterior walls are repaired, surfaced and painted.  

            Phase 2: The complete renovation/rehabilitation of the subject building must be completed within 24 months of the successful bidder taking possession of the building. A one-time 180 day extension to complete the renovation/rehabilitation may be granted by the Town.  Extensions will be granted upon special circumstances authorized by the Town of Florence. Renovation/rehabilitation shall mean that the subject structure is brought to a condition where the subject building could be occupied. 

If the deed restrictions are not met, the ownership of the building will revert to the Town of Florence. 

In the event that two or more bidders submit a high bid with identical dollar amount the Town of Florence shall determine which bidder shall be awarded the property by a random method.  The decision of the Town of Florence on who to award the property to shall be final. 

Due to the unstable nature of the building, the Town of Florence will not hold an open house. 

Anyone interested in bidding on the property can view the full bid package on the Town’s website at florenceaz.gov.  For questions about the process, please contact Lisa Garcia at (520) 868-7552.

 

 

2016-11-15T11:19:38+00:00March 3rd, 2015|

About the Author:

Mr. Knudsen serves as the Assistant Town Manager and Public Information Officer.