Old CNA Surety Building Up For Auction Thursday

March 21, 2013, 1:57 PM by Angela Kennecke

SIOUX FALLS, SD -

The old CNA Surety building in downtown Sioux Falls will be going to the highest bidder on Thursday.

A Chicago-based national auction company is taking sealed bids on the building at 101 S. Phillips Ave.

The building has been sitting empty since CNA moved into its new facility along the Big Sioux River last May.

The building sold for $10 million in 2002. It is currently owned by G.E. Capital.

Bidders must include a ten percent deposit along with their bids and can expect an answer in 24 hours.

G.E. Capitol has reserved the right to negotiate with the winning bidder.

This article has been revised to reflect the following correction:
A misspelling was corrected in this story.

Find Local Businesses on KELO Pages!

5/14/2013 11:08 AM

A new restaurant is coming into the old Champps location at the Western Mall in Sioux Falls.

5/16/2013 6:14 PM

Downtown Sioux Falls businesses have been paying it for decades but one store says it isn't fair.

5/17/2013 11:16 AM

Oh My Cupcakes! located on 4th Street and Main Avenue in downtown Sioux Falls is moving to The Bridges on 57th Street and Western Avenue.

5/18/2013 6:12 PM

You might need lottery winnings to pay for fuel as gas prices are poised to reach all-time highs in South Dakota.

5/16/2013 9:06 PM

Consumers were warned today by Attorney General Marty Jackley to watch for emails that claim to be from the Walmart Corporation.

News