DerryNews.com, Derry, New Hampshire

Derry

May 8, 2014

Derry legion hall auction brings no bidders

DERRY — A planned auction to sell a downtown veterans landmark drew no bidders.

An auction was scheduled for May 3 to sell the Lester Chase Post 9 American Legion building at 13 East Broadway.

But the 1 p.m. auction start time came and went with no prospective bidders in sight.

“The building did not sell at this time,” said Richard Berman of Berman Real Estate and Auctioning Inc. in Nashua.

Berman said the property will continue to be listed on major real estate online sites. He said Legion members had elected to post the building on real estate sites and also to go the auction route, as a combined method in search of a buyer for the downtown building.

The American Legion hall was built around 1950 and served the local post for many years,. But it became hard to manage in recent years, Legion members said.

The hall has been for sale for several years. A website lists the 4,573-square-foot, two-story building for $200,000.

A monument stands at the front of the building in tribute to the post’s namesake, Lester Chase. The building was originally built as a home.

Berman said there had been interest prior to the auction, with about 80 people showing online interest and viewing the building’s information.

But when auction time came, only a handful of Legion members were on hand.

Berman said he had expected some potential buyers to come out for the auction.

“I’m amazed,” he said.

Berman said he would continue to work with Legion members to see how they want to proceed with the future of the building.

“I will continue to talk to the post,” he said.

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