[corollaman]

Originally Posted by sa meredith

While I'm certainly no expert, my uneducated opinion is that, if this young investor, of just 30 years of age, can afford to sit on the property for a bit ( maybe a couple of years, or a touch longer) and the Weirs makes a comeback, which I believe it eventually will, and turns into something like Meredith, he has stolen it for $580,000. If that area can become what it once was, and attract the visitors it once did, it would seem to be a property worth well above a half million.
Granted, I am not talking about an economic upturn, thus returning vacationers to the area. I'm talking about a full scale tear down, and rebuild of the entire Weirs strip.

Why would they want to rebuild the whole weirs? There's a lot of history there. Why erase another piece of history with all brand new stuff? There's nothing wrong with the buildings. The economy stinks, and until it improves, people aren't gonna spend money.