Albany restaurant heads to auction block - WALB.com, Albany News, Weather, Sports

Albany restaurant heads to auction block

Posted: Updated:
  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Albany child gunshot victim still hospitalized

    Albany child gunshot victim still hospitalized

    Wednesday, April 16 2014 6:13 PM EDT2014-04-16 22:13:23 GMT
    An Albany boy who shot himself in the foot Monday remains hospitalized in good condition. Police say 7-year old Kourtney Hicks shot himself at the Dollar Inn about 3:30 Monday afternoon. The child'sMore >>
    A 7 year old boy, who shot himself while playing with a gun, remains hospitalized.More >>
  • Cairo High seniors plead after vandalism

    Cairo High seniors plead after vandalism

    Wednesday, April 16 2014 5:54 PM EDT2014-04-16 21:54:46 GMT
    Some high school seniors who pulled a destructive prank several months ago find out their punishment. They could have gone to jail. The prosecutor didn't think that was the best course to take.   CairoMore >>
    Some high school seniors who pulled a destructive prank several months ago find out their punishment. They could have gone to jail. The prosecutor didn't think that was the best course to take.More >>
  • Man severely burned over a debt

    Man severely burned over a debt

    Wednesday, April 16 2014 5:54 PM EDT2014-04-16 21:54:46 GMT
    An Ashburn man is recovering after he was doused with gasoline and set on fire.  The man accused of doing it is in jail.       Family members and friends of John Lawson say they still can't believe whatMore >>
    Neighbors along Harrison Avenue in Ashburn are still in shock after John Lawson was set on fire.More >>
ALBANY, GA (WALB) -

A former Albany restaurant now owned by the city will soon be sold to the highest bidder.

The city took possession of L'Jua's last year, but will auction it off on Feb. 12th. Assistant City Manager Lonnie Ballard said the building was appraised for $1.1 Million in 2012, and estimated the tax value at about $500,000. 

Ballard said the city hopes to reclaim the $250,000 in Economic Development Funds tied into the building.  He said kitchen equipment still inside could draw investors attention to the upcoming auction.

Money from the building will go to the Community & Economic Development for public services and programs like providing affordable housing.

Rowell Auctions will begin the bidding at 10am on Feb. 12th.

Copyright 2014 WALB.  All rights reserved.

Powered by WorldNow