WOTS

American Legion Post 5 has a new contract signed for the sale of the post on Shorter Avenue. Morgan Ayers of Ayers Realty in Rome said the purchaser is interested in the development a small retail strip on the lot.

Shanklin-Attaway American Legion Post 5 Commander Steve Rood has confirmed that the Legion does once again have its post home on Shorter Avenue under contract.

Real estate broker Morgan Ayers, who has been leading the marketing of the property, said the prospective buyer is interested in developing the approximately two ace tract for retail use.

Ayers said he could not identify the prospective purchaser at this time, nor the contract price but did say that Legion officials were pleased with the outcome of the negotiations.

Ayers also said that there were two different parties that were interested in the property and that in the event the new deal that was agreed upon last Wednesday is consummated that there was a good chance the other bidder could step up and re-enter the picture.

The Legion thought they had the property sold when Butler Development struck a deal to acquire the post home and a small slice of the adjacent property which is owned by Shorter University. That deal collapsed when Lidl, the German grocery chain, slowed down its efforts to expand in secondary markets across Georgia. Lidl had been touted as the anchor store for the retail development.

Rood also said that the R.H. Ledbetter Properties plans to re-develop the old Kmart site also threw a wrench into plans for the smaller Shorter Avenue tract.

Ayers, who is a veteran, said once the deal is completed, that he would be working with the Legion to identify a new location for the post.

Shanklin-Attaway American Legion Post 5 Commander Steve Rood has confirmed that the Legion does once again have its post home on Shorter Avenue under contract.

Real estate broker Morgan Ayers, who has been leading the marketing of the property, said the prospective buyer is interested in developing the approximately two ace tract for retail use.

Ayers said he could not identify the prospective purchaser at this time, nor the contract price but did say that Legion officials were pleased with the outcome of the negotiations.

Ayers also said that there were two different parties that were interested in the property and that in the event the new deal that was agreed upon last Wednesday is consummated that there was a good chance the other bidder could step up and re-enter the picture.

The Legion thought they had the property sold when Butler Development struck a deal to acquire the post home and a small slice of the adjacent property which is owned by Shorter University. That deal collapsed when Lidl, the German grocery chain, slowed down its efforts to expand in secondary markets across Georgia. Lidl had been touted as the anchor store for the retail development.

Rood also said that the R.H. Ledbetter Properties plans to re-develop the old Kmart site also threw a wrench into plans for the smaller Shorter Avenue tract.

Ayers, who is a veteran, said once the deal is completed, that he would be working with the Legion to identify a new location for the post.

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