Auction of Downtown Anderson Building Delayed

(photo courtesy Fine & Co.)

An auction of the former Anderson Bank building, originally scheduled for Thursday, has been postponed. Our partners at The Herald Bulletin report the seller decided to delay the auction of the building in downtown Anderson due to a low number of bidders.

Michael Fine, managing broker for Chicago-based Fine & Co., which is handling the auction, tells the publication the auction would be rescheduled but interested parties can submit bids for consideration immediately. 

The building is being auctioned with no minimum bid or reserve.

"Downtown Anderson is a complicated market," Fine said. "There is interest in the building. It was decided that the terms were not the best to sell. I suspect to see the property transfer quickly. Someone will get a great buy on the property. The question is who?"

The 90-year-old building features more than 57,000 square feet of space and its first floor is leased to PNC Bank, according to the auction website.