Thursday bid extends federal building auction

Friday, August 5, 2011
The Federal Building in Cape Girardeau (Fred Lynch)

Hours remain to bid on the old federal building in Cape Girardeau -- again.

A bid of $450,003 was submitted in the U.S. General Services Administration's online auction of the building Thursday afternoon, extending the auction until 1:07 p.m. today.

The previous high bid was $425,003, and bids are required to be made in minimum increments of $25,000.

The GSA has a suggested bid price of $900,000.

A GSA spokesperson said Wednesday that some developers had toured the site. The GSA kept their identities confidential, and bids are made anonymously.

The public auction page is available at http://gsaauctions.gov/gsaauctions/aucit....

Map of pertinent addresses

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