Is third time the charm for worn-out Mohave County building?
County keeps trying to auction it off
KINGMAN - The Arnold Plaza building in historic downtown Kingman hasn't received any bidders during the past two auctions held for the building, but Mohave County officials will try again June 16.
The Arnold Plaza building was previously offered at a starting bid at $65,000, and although there were several interested buyers, none showed up on auction day.
In an effort to change that, the county put $611 toward broader advertising, and spent $4,000 conducting an appraisal.
Those costs will be added to the total price for a minimum of $69,611, according to Procurement Director Annie Newton-Fruhwith.
The county previously used the building until it fell into disrepair, and the building remains vacant and in need of several expensive improvement projects.
The strategically located building does, however, contain a remodeled basement, although the basement does not span the full size of the building, according to information provided by Newton-Fruhwith.
The property and building are being sold "as is" without any warranties as to its condition, according to auction terms and conditions, and interested bidders are required to present a bank letter, or equivalent for confirmation of funds, or other measures Financial Services sees fit to enable the purchase.
The auction will be held at 10 a.m. June 16 at the Board of Supervisors Auditorium at 700 W. Beale St. in Kingman.
There, interested bidders can fill out registration forms prior to the auction start time, according to the Procurement Department.