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Modesto, CA
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Wednesday, Jun. 15, 2011

Bidding begins on Modesto post office

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Online bidding to buy downtown Modesto's historic post office started a week ago, but only one hopeful buyer has bid. The minimum opening bid of $100,000 was placed by an undisclosed person the morning bidding opened.

To qualify to bid on the 78-year-old El Viejo post office, a $50,000 deposit must be made.

Now that the minimum bid has been placed, the next offer must be for at least $125,000.

The 23,770-square-foot property is at 1125 I St., and it was a post office until closing last month.

Bidding will continue for at least several weeks.

For more information, go to www.RealEstateSales.gov.