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Published: Sunday, March 04, 2018 @ 10:29 AM
By: Thomas Gnau - Staff Writer
Englewood — The disputed property of a former blighted hotel off Interstate 70 just sold for nearly $1.2 million, Montgomery County property records show.
Springtime Investments LLC bought about two parcels consisting of nearly four acres total — .35 of an acre of land and an additional 3.2 acres — at 1212 S. Main St. in Englewood for $1.175 million from Nuwin Realty LLC.
The site once was home to Englewood Inn, a hotel that was demolished a year ago after years of fighting over the site between Nuwin Realty and the city of Englewood.
Bill Singer, Englewood development director, did not know Friday who the end user might be for the land. But he said city leaders have high hopes for the area.
The land is zoned “C-4” for commercial, administrative offices, sales, service and industrial uses. It’s highly visible for motorists coming off the interstate, Singer noted.
He said no one has approached the city yet with a development plan for the site.
“This is one of the most bizarre things. … I’m glad it actually sold. I’m surprised it went that high,” Singer said.
That property has been under contract for a while, but he didn’t know with whom.
Tearing down the inn at that site “was a great win for the city,” Singer said.