Offers Being Accepted For Former CVS Building

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POSTED BY 44 NEWS ON MARCH 5TH, 2019 TYRONE MORRIS EVANSVILLE, INDIANA 

The City of Evansville has begun taking offers for the CVS Pharmacy on North Main Street. Currently, DaVita Dialysis operates from the building.
So far, one bid has been taken into consideration. The Warren Investment Group of Evansville offered $178,000 for the building.
The city has 30 days to accept their offer but other offers will be accepted during that time.

There is no word on what will replace the former CVS building.

THIS FOOTNOTE WAS WRITTEN AND POSTED BY THE CITY-COUNTY OBSERVER:

Several years ago the Evansville DMD purchased this old dilapidated, vacant block building in a questionable part of town from the Warren Group. The Evansville DMD purchased this property “as is” for an estimated price of over $500,000?

Last year the Evansville DMD leased this old dilapidated, vacant block building to the non-profit Davita Dialysis Center.  Right after the Davita Dialysis Center leased this property from the city for a nominal monthly payment someone started to do extensive and expensive renovations on this building.

Today the non-profit Davita Dialysis Center occupies this nicely renovated building located on North Main Street. We could never officially verify who paid for the extensive and expensive renovations of this property or what did the renovations costs.

After all, said and done it’s been reported that the Evansville DMD invested well over $500,000 to purchased this building several years ago located on North Main Street.  Accordingly, to above Channel 44 News report, it now looks like the City could sell this property back to the Warren Group for a mere $178,000.  It’s safe to say that this could be a developing story.

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5 COMMENTS

  2. Sure sounds like us taxpayers are paying for this company to renovate their building,the head of dmd sounds like an idiot to pay 500k for something and then turn around and sell for 178k

  3. North Main Street is a total financial fiasco. $16 million plus for the shopping cart path built too narrow to accommodate silly concrete planters that the locals use to toss cigarette butts. Now the City will sell the former CVS building at a 50%+ loss?? Mr. Coures’ DMD could not profitably operate the only lemonade stand in a heatwave.

  4. With all the blunderous deeds Mr Coures has been involved in , I can only assume that a competent mayor of our city would fire this flunky

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