Yesterday as I was taking care of a couple things at the garage, I saw a couple guys coming out of the abandoned police station/fire station across the street. One guy was in a suit, the other in casual business clothes. I asked them what they were doing and got to talking.... to find out they just entered into a sales agreement on it!
Unfortunately, they plan on tearing it down most likely (which is too bad, cause it's a really cool building), but anything being done with it other than crappy low budget college housing will increase the property of my house significantly. It will probably mean 6-12 months of my sleep being disturbed here and there, but I think I can deal with it.
They said they plan on either putting town houses or condos in... hopefully they do townhouses, because that would mean not quite as many people in and out of my tiny alley. Either way though, I'm quite happy about that, and feel significantly more secure in my investment now.
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