Redevelopment Commission Buys Marsh Store

Liquidation sales will continue until the merchandise is sold

A former Marsh store on Nichol Avenue has been purchased by the Anderson Redevelopment Commission for $230,000. Our partners at The Herald Bulletin report the commission wants to lease the building to a new grocery store, with plans to include a pharmacy and possibly a hardware store.

The publication reports funding has been secured for the purchase and renovation of the 40,000-square-foot building.

Greg Winkler, executive director of the Anderson Economic Development Department, told the publication the city is currently considering a lease/purchase agreement with a grocery store chain.

“There have been discussions with several different grocery store chains,” Winkler said. “They are looking at all the data the city has gathered from the area.”

The commission has discussed leasing the space for $2 per square foot for five years as an incentive.

Read the full story from The Herald Bulletin by clicking here.