The starting bid for this 2,700-square-foot house is $1.
The 19th-century, two-story home was built in an Italianate style. It's endured a series of renovations and additions over the past century, but from the curb, it retains its historic charm.
The catch: You have to move it.
The city of Anoka's Housing Redevelopment Authority (HRA) bought the house for $190,000 a year ago because it's sitting on some prime real estate at 210 Monroe St., a block south of historic Main Street. The house is surrounded by surface parking lots and is across the street from a newly renovated historic school district building. The city and school district are discussing building a parking ramp at the site.
HRA officials, under pressure from neighborhood preservationists, wrung their hands about what to do with the 1880s home that's been divided into four 1960s-era apartments. Is it worth saving? That's the type of question the river town wrestles with frequently.
HRA members weighed all their options — online auctions, housing wholesalers, paying to move the home, even the wrecking ball — before deciding to put it on the block with the opening bid of $1 and leave it up to market forces.
Anoka is accepting proposals from interested buyers until 4:30 p.m. on July 31. City officials will look at several factors. They would like to keep the house in Anoka. They want it restored to a single-family home, and they want to see a proposed plan and schedule for completing the move.
If there are no buyers, it could demolished.