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Bid for Old Town Post Office Building Rejected

It was too good to be true, the winning bidder told the Washington Post.

The Old Town Post office building, located at 9108 Center Street,  —a price that's just not high enough for U.S. marshals who are trying to pay back victims of a mortgage fraud scheme.

According to a report on the Washington Post (blog), U.S. marshals rejected the bid made last week by two Manassas residents to purchase the building.

A spokesperson for the U.S. Marshals Service told the Post the proceeds of the sale go to paying back victims of the building's previous owner Linda Sadr, .

The spokesperson told the Post the low price would not help those victims.

The property's value has been listed in recent years for as much as $750,000, according to the report.

It is up to the U.S. marshals to sell the building after the city waived first rights to purchase the historic landmark that houses the downtown post office and will for at least another 92 years.

Ian Lovejoy April 26, 2012 at 01:05 PM
I'm sorry to hear this.
Carolyn April 26, 2012 at 03:35 PM
I am not surprised the US Marshalls denied the very low offer of 385k for a 9,976 square foot building. I wonder why the city waived its right to buy this building. City council is proposing a 629k 2,600 ft bike trail that many residents oppose. If the city feels the need to spend money, purchasing the post office would be a better financial decision.

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