Daily Independent (Ashland, KY)

Local News

April 19, 2013

Sell of Nobil building put into motion

ASHLAND — Two years after sinking $175,000 into reconstructing the former Nobil Shoe building on Winchester Avenue, the city is moving forward on plans to sell it.

The city commission agreed Thursday to sell the building by sealed bid. The commission set a bid floor of $50,000 and imposed some other conditions, including that the buyer complete development of the street-level floor and basement to commercial space within a year from closing the sale and convert the upper floor into residential space within two years.

The sale restrictions will discourage speculative buyers who might purchase the building and forego further development, city manager Steve Corbitt said.

The city doesn’t need the building and wants to promote new business and residential development downtown, Corbitt said.

The city bought the building in September 2010 for $42,000 and at the time officials were undecided whether to renovate it or tear it down.

Vacant at the time for at least five years, its roof was leaking and some sections of the floors were rotten. The city fixed the roof and floors, stabilized support beams and demolished a rear section of the building.

The work was to have been financed by a $250,000 Community Development Block Grant. The city lost the grant and had to pay for the work itself and budgeted $175,000 to do it.

There is no plumbing and electrical systems need replacement. “It’s kind of a shell right now,” Corbitt said.

The reconstructed building now is a downtown asset, according to economic development director Chris Pullem. The city had not planned to move on the sale so soon but with the building included in Saturday’s Downtown Living Tour it seemed wise to market it immediately.

The tour typically draws people who are considering downtown investment. “It’s a good chance for someone to pick up a downtown building, open a business and experience downtown living,” Pullem said.

The city has several other buildings in various parts of towns it is likely to put on the market in the near future, Corbitt said.

MIKE JAMES can be reached at mjames@dailyindependent.com or (606) 326-2652.

1
Text Only
Local News
  • newwendy1.jpg Ashland woman develops pregnancy journals for mom, dad

    An Ashland woman has a way of helping parents everywhere.
    Wendy Sparks, 47, wrote The journals, which are for parents to keep for themselves and their children during pregnancy.

    April 20, 2014 1 Photo

  • 0420eggs0051.jpg Acres and acres of eggs

    A dozen volunteers spent the morning Saturday scattering more than 6,000 plastic eggs around the Greenup County Farm Bureau’s 10-acre field Saturday morning.
     

    April 19, 2014 2 Photos

  • Volunteers to pack thousands of meals for hungry Haitians

    Members of the First Baptist Church in Grayson are planning for the third year in a row to pack thousands of meals for starving people in Haiti, and they need help to do it.
     

    April 19, 2014

  • Sheriff candidates ready for election

    With no incumbent in the Boyd County Sheriff’s race, Republican and Democrat candidates for the post will square off in their respective primaries next month.
     

    April 19, 2014

  • 0419sciencehs.JPG Russell High School wins State Science Olympiad

    The long ride home from Bowling Green was tinged with disappointment for Russell High School students who believed they’d finished as also-rans in the state Science Olympiad last weekend.

    April 18, 2014 1 Photo

  • 0419sciencems.JPG Russell Middle School state Science Olympiad champions

    From identifying hundreds of insects to designing and operating mechanical contraptions that just look like insects, a team of Russell Middle School students took their research and technical skills to the Science Olympiad in Bowling Green last week and came back state champions.

    April 18, 2014 1 Photo

  • 0419melodies0148.jpg Kitchen jazzes up downtown lunch hour

    Some came to enjoy the relaxing sounds of cool jazz and traditional tunes at lunch, while others attended in hopes of picking up a few tricks from a master musician as guitarist Chris Kitchen kicked off the Melodies & Masterpieces concert series in downtown Ashland Friday afternoon.

    April 18, 2014 4 Photos

  • Sparks, Waddell in Carter Coronor’s race

    Incumbent George A. Sparks of Grayson will face challenger William Waddell of Olive Hill in the Democratic primary election for the Carter County coroner’s seat.

    April 18, 2014

  • 04/18/2014 — What's Happening

    Local news

    April 18, 2014

  • Bill3.jpg 'Dreams'

    It was in her own death that Donna Schoonover helped William Schoonover redefine his life.

    April 18, 2014 1 Photo