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fatlazyless · 01-25-2010, 12:58 PM

Directly across from the Cumberland Farm store in Ashland, there's a large four-story masonry building that has two large empty retail stores at the street level and apartments on the three upper levels. Both empty stores have been vacant for aproximately maybe three years now. Previously, one was home to Grant's 5 & 10 cent store which must have been a long time tenant as it appeared to be a 1920's style olde-fashioned retail biz that must have been in that spot for ages. And, the other vacant retail spot was a real estate office that moved to a better location.

So, how much rent does a vacant store generate for the property owner, and does the town lower its' property tax bill in response to a vacant store?

01-25-2010, 12:58 PM	#4
fatlazyless Senior Member Join Date: Apr 2004 Posts: 8,738 Blog Entries: 1 Thanks: 300 Thanked 1,007 Times in 735 Posts	Ashland Directly across from the Cumberland Farm store in Ashland, there's a large four-story masonry building that has two large empty retail stores at the street level and apartments on the three upper levels. Both empty stores have been vacant for aproximately maybe three years now. Previously, one was home to Grant's 5 & 10 cent store which must have been a long time tenant as it appeared to be a 1920's style olde-fashioned retail biz that must have been in that spot for ages. And, the other vacant retail spot was a real estate office that moved to a better location. So, how much rent does a vacant store generate for the property owner, and does the town lower its' property tax bill in response to a vacant store? __________________ ... down and out, liv'n that Walmart side of the lake!