ALBANY, GA (WALB) - Financial troubles for a downtown property owner put an Albany landmark back on the market.
The former owners of the Albany Theatre property on North Jackson were foreclosed on after paying hundreds of thousands of dollars to renovate the building.
It's now two-thirds complete, and ready for a new developer to take over.
"My hope with the condition that this building is in, 60-70% occupiable on the ground floor and second floor, will be that somebody will come along and use this as an impetus to get downtown credibility that it's a good place to invest your money and business will grow here," said William Hancock of Webb Properties.
Webb properties has the listing. They are asking $600,000 for the property.