$250,000 to $300,00 is a fair price. Given location and condition , this is what the market would easily bare. 4 years ago $500,000 would be a good price.
I dont claim to be a real estate expert, but it sure seems low. I escorted an appraiser around the old station a few years back that told me around $650 to $700,000. My emotional attachment to the building is well known. My appreciation for history and the fact that three generations of my family served there from 1959 to 2008 influence my thinking.
The old girl has declined a little since we left and needs s companion to care for her everyday. I would love to see the city Neighborhood services and Code Compliance move in. They need the space and it would remain in the City's hands. I dont get to make those decisions unfortunately. I think all of us want to see this historical landmark remain standing proud as a tribute to those who served there. You know the "Bird in The Hand" saying. Hopefully wisdom will prevail in this matter.
I feel that the 3 members of the city council have let their brain take a trip to fanasty land wxcuse the spelling i spent most of my career working out of that building and it deserves better,the people deserve better. why not just give the building away this is what this deal amounts to. sad sad times when we can not depend on the ones we trusted with our votes.
Sure it's fair...to a lucky buyer! But not to the tax payers of Salisbury since it is certainly worth several times more than what's currently on the table, regardless of the use or intentions for the building. myself for $100K. I would Shoot, I would buy it now for renovate the second floor to use a my home (Not rent, I'd like to actually live there!) and when my finances suited, I would convert the first floor into a small Pub like the Old Brogue in DC! I had a friend that lived in an old Baltimore City firehouse and it was really neat!
I think it should go to public auction (NO SEALED BIDS) and let the REAL fair market value set the price. However, the City has to guarantee that it is pre-approved for multiple uses whether it be a retail commercial, office commercial, residential or mixed use-As long as the use conforms to neighboring downtown uses. I, personally would bid it up to $200K without hesitation, but beyond that, I would not have the funds. Regardless, it would certainly sell for more than $100K and it wouldn't be supporting the special interests of certain Salisbury politicians!!!
12:44, I'm with you. Camden and Newtown, the two oldest sections of town, need a firehouse closer. It's logical to assume that those two areas have the oldest homes, so we can expect fire incidents to be greater. One hundred thousand is laughable. Downtown property is prime, worth so much more than $100,000. Let's keep it as a substation!
How much does history cost???? Do you have to be on the friends of Salisbury list to offer a price??? How does a non profit get to put apartments upstairs and rent down stairs to a group that makes profit, and they don't make profit? If they give the space away, the players involved cut their cost to the customer. Now who suffers? The businesses around them that can't compete because they don't have reduced rent!!! Tax Payers lose all the way around... KEEP IT IN THE CITY!!!! Shanie said "This is an eye soar" on WBOC I think its a monument to those that served our city... Shame on you Shanie!
compare it to how much our local govt officials were set to pay for land for the proposed new library... or how much they would pay for the old mall parking lot. I vote NO
It should be sold the normal way that government surplus property is sold...by sealed bid. If the current proposed buyers get that property for $100k then something's not right. But lets not fault them, the people who should be hung out to dry are those who are empowered to cause this deal to happen.
Any other downtown property that cheap??
ReplyDeleteyeah. its a bargain, but good to have the money now too.
ReplyDeleteYes, most definately!
ReplyDeleteFair price of anything is what a buyer is willing to pay. If they have a better offer that becomes a more fair price.
ReplyDeleteThat's crazy ! Another example of government incompetence or the mayor is taking pay offs !
ReplyDeletewoo hoo. i'd like to get a deal like that
ReplyDeleteAbsolutely not! This is just another example of the taxpayer getting ripped off...
ReplyDeleteNo it's not. Wonder if it would be a considered a historical building?
ReplyDelete$250,000 to $300,00 is a fair price. Given location and condition , this is what the market would easily bare.
ReplyDelete4 years ago $500,000 would be a good price.
NO and this DEAL is a wolf in sheeps clothing. Wait and see,
ReplyDeleteI dont claim to be a real estate expert, but it sure seems low. I escorted an appraiser around the old station a few years back that told me around $650 to $700,000. My emotional attachment to the building is well known. My appreciation for history and the fact that three generations of my family served there from 1959 to 2008 influence my thinking.
ReplyDeleteThe old girl has declined a little since we left and needs s companion to care for her everyday. I would love to see the city Neighborhood services and Code Compliance move in. They need the space and it would remain in the City's hands. I dont get to make those decisions unfortunately. I think all of us want to see this historical landmark remain standing proud as a tribute to those who served there. You know the "Bird in The Hand" saying. Hopefully wisdom will prevail in this matter.
I will buy it right now for 100,001 just so the Gilli's do not get this building. Thay are such back door business people.
ReplyDeleteNO!~ Put it back as a fire station to help reduce apparatus response times in the camden/downtown area, as well as the south of town.
ReplyDeleteDO NOT SELL THE FIREHOUSE. A big mistake
ReplyDeleteBarb
I feel that the 3 members of the city council have let their brain take a trip to fanasty land wxcuse the spelling i spent most of my career working out of that building and it deserves better,the people deserve better.
ReplyDeletewhy not just give the building away this is what this deal amounts to. sad sad times when we can not depend on the ones we trusted with our votes.
Sure it's fair...to a lucky buyer! But not to the tax payers of Salisbury since it is certainly worth several times more than what's currently on the table, regardless of the use or intentions for the building. myself for $100K. I would Shoot, I would buy it now for renovate the second floor to use a my home (Not rent, I'd like to actually live there!) and when my finances suited, I would convert the first floor into a small Pub like the Old Brogue in DC! I had a friend that lived in an old Baltimore City firehouse and it was really neat!
ReplyDeleteI think it should go to public auction (NO SEALED BIDS) and let the REAL fair market value set the price. However, the City has to guarantee that it is pre-approved for multiple uses whether it be a retail commercial, office commercial, residential or mixed use-As long as the use conforms to neighboring downtown uses. I, personally would bid it up to $200K without hesitation, but beyond that, I would not have the funds. Regardless, it would certainly sell for more than $100K and it wouldn't be supporting the special interests of certain Salisbury politicians!!!
12:44, I'm with you. Camden and Newtown, the two oldest sections of town, need a firehouse closer. It's logical to assume that those two areas have the oldest homes, so we can expect fire incidents to be greater. One hundred thousand is laughable. Downtown property is prime, worth so much more than $100,000. Let's keep it as a substation!
ReplyDeleteI smell a RAT !!
ReplyDeleteit's a great deal for the buyer...and a good deal for the city if...and I mean IF... the citys' tax base increases
ReplyDeleteWe learned yesterday the buyers are setting it up as a non profit, so there won't be ANY taxes on the property.
ReplyDeleteIt is a firehouse and it needs to stay a firehouse. In the least it should be a fire museum. That would help draw people to the downtown area.
ReplyDeleteIf any of the council members give that building away they will lose the next election. Mark my word!!
How much does history cost????
ReplyDeleteDo you have to be on the friends of Salisbury list to offer a price??? How does a non profit get to put apartments upstairs and rent down stairs to a group that makes profit, and they don't make profit? If they give the space away, the players involved cut their cost to the customer. Now who suffers? The businesses around them that can't compete because they don't have reduced rent!!! Tax Payers lose all the way around... KEEP IT IN THE CITY!!!!
Shanie said "This is an eye soar" on WBOC I think its a monument to those that served our city... Shame on you Shanie!
Hell no you offerd $250.000 That makes $150.000 loss. Good gob Jim.
ReplyDeletecompare it to how much our local govt officials were set to pay for land for the proposed new library... or how much they would pay for the old mall parking lot. I vote NO
ReplyDeleteNo. This is a historic building.
ReplyDeleteThis is an insult to the community.
What's planned for it is nothing special.
If Salisbury owned the Statue of Liberty, it would sell her to a developer.
I'm going to throw up.
It should be sold the normal way that government surplus property is sold...by sealed bid.
ReplyDeleteIf the current proposed buyers get that property for $100k then something's not right. But lets not fault them, the people who should be hung out to dry are those who are empowered to cause this deal to happen.
Isn't there some watchdog group that can help us protect what belongs to the people of Salisbury. HELP out there we are sinking!
ReplyDelete