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Hazen City lowers asking price for former water-plant building to $150,000
Summary
Council voted to enter a listing agreement and reduce the asking price for the former water-plant building and adjoining land from $198,500 to $150,000, citing limited market interest at the prior price.
Council members discussed the marketing and pricing strategy for the former Hazen water-plant building and adjacent land. Staff reported the property had been on the market for more than a year with limited offers; one council member said the current price appeared too high and suggested a lower asking price to attract a business occupant.
A motion was made and seconded to change the listing agreement and reduce the list price from $198,500 to $150,000. The council put the motion to roll call; the transcript shows the motion and second and indicates the council moved to the next agenda items, consistent with the motion passing in the meeting record.
Councilors discussed whether to retain a realtor for the reduced-price listing or to market the property themselves to save commission. Staff confirmed the listing includes the land to the west of the building. No further conditions on the sale or buyer were specified in the meeting transcript.
