Wheelhouse

[Smiling JOe]

Anyone interested in buying the Wheelhouse and restoring it from the fire? The price just decreased from $15M to $12.9M. :shock:

 

[Kimmifunn]

Anyone interested in buying the Wheelhouse and restoring it from the fire? The price just decreased from $15M to $12.9M. :shock:

Are you kidding? Are they selling the business and the land or just the land?

 

[SHELLY]

Anyone interested in buying the Wheelhouse and restoring it from the fire? The price just decreased from $15M to $12.9M. :shock:

$12.9M is a bit steep to restore a "local greasy spoon" to its former glory (albeit a great "greasy spoon'). Maybe replace it with condos...goodness knows we can always use more condos.

 

[ktmeadows]

Anyone have any idea what Cocoons asking price is?

 

[Smiling JOe]

Anyone have any idea what Cocoons asking price is?

I think around $2.3 M

 

[30A Skunkape]

$12.9M is a bit steep to restore a "local greasy spoon" to its former glory (albeit a great "greasy spoon'). Maybe replace it with condos...goodness knows we can always use more condos.

Yeah, they can brag on the greasy stainless steel appliances and granite countertops :funn:

 

[Sandcastle]

It looks like the total land area is only 0.72 acre.

 

[Smiling JOe]

It looks like the total land area is only 0.72 acre.

That sounds about right for Cocoon's, but Wheelhouse is closer to one acre. It also includes the Seagrove Icehouse and 4 small rental units.

 

[jessifunn]

That sounds about right for Cocoon's, but Wheelhouse is closer to one acre. It also includes the Seagrove Icehouse and 4 small rental units.

in that case.....

 

[ktmeadows]

I think around $2.3 M

oooohhh..compared to the Wheelhouse, that would seem like a bargain!