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Black’s Building Auction Concludes

Top Bid at $1.9 Million

The auction for the historic Black’s Building in downtown Waterloo ended Thursday.  The bidding ended just after noon, with the winning bid at over $1.9 million. No word yet on who the winning bidder is.  The building was built in 1913 and has nine floors, including over 199,000 square feet of space. A few years after it was built, it housed the James Black Department store until 1979.  According to the current owner, Nelson Properties, the building underwent a $4,000,000 renovation to add apartments and restaurants.  The auction was on the Ten-X company website. Another local property will be on the auction block starting on Monday, March 13th, according to that site:  the historic River Plaza building at 10 W. 4th Street.  The opening bid: $500,000.

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Scott Fenzloff

Scott has been with Coloff Media since 1995, and on the air in the Cedar Valley since 1989. You can catch Scott 6-10AM Mon-Fri on Cruisin KCFI, along with news updates at noon and 5PM.
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