Sunday, July 17, 2011

Former Montez property in escrow


From Nevada-

The Mill Street property that was once home to Lola Montez, and now houses the Grass Valley/Nevada County Chamber of Commerce, in downtown Grass Valley is now in escrow to be sold to a neighboring church.

Emmanuel Episcopal Church, which is located at 235 S. Church St. and shares a parking area with the chamber, has agreed to purchase the 248 Mill St. property, according Rev. Seth Kellermann.

“Basically, Emmanuel Episcopal is in a real period of growth and expansion right now,” Kellermann said. “We just felt it would be in our best interest for us to purchase it.”

Kellermann and representatives of the Pioneer Association of Nevada County Trust, which owns the property, would not reveal the sale price but did confirm a price has been agreed upon and the property is now in escrow.

The sale price will be available once the escrow has closed, said David Scinto of the Pioneer Association, who said the Grass Valley Downtown Association had also made a bid on the property.

The church has no immediate plans to make use of the property, Kellermann said, and does plan to continue to lease the building in the “near term.”

More here-

http://www.theunion.com/article/20110716/NEWS/110719832/1053&parentprofile=1053

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