Bidding for old federal courthouse now tops $1.7M

2013-04-26T17:38:00Z 2013-05-09T16:19:07Z Bidding for old federal courthouse now tops $1.7MGazette Staff The Billings Gazette

7:03 p.m.: At 7:01 p.m., bidder 6 boosted the bid on the old federal courthouse up to $1,705,000.

The auction, which began with a bid of $113 on Monday, has attracted six bidders, who are identified only by number. The sale by the federal General Services Administration will continue until 24 hours pass without a new bid.


4:30 p.m.: Back-and-forth bidding between bidder 3 and bidder 6 pushed the bid up to $1.68 million, as of 4:15 p.m.


1 p.m.: Bidder 3 raised the ante to $1,381,689  at 12:17 p.m. Saturday.


 

11:30 a.m.: Bidder 6 raised the top bid for the old federal courthouse at 11:14 a.m. Saturday. The bid is now $1,105,918.


 INITIAL REPORT: An online auction for the old federal courthouse in Billings went over the $1 million mark late Friday night.

The offer of $1,080,918 was made by bidder 3.

The auction, which began with a bid of $113 on Monday, has attracted six bidders, who are identified only by number. The sale by the federal General Services Administration will continue until 24 hours pass without a new bid.

With the latest offer from bidder 3 shortly before midnight Friday, the sale’s closing was reset to 11:42 p.m. Saturday.

GSA is selling the former James F. Battin Federal Courthouse at 316 N. 26th St. The five-story, 221,509-square-foot building is contaminated with asbestos, which led to the construction of a new, $80 million courthouse about a block south at 2601 Second Ave. N.

Information about the auction is available online at RealEstateSales.gov or PropertyDisposal.gsa.gov.

 

 

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