Moscow hospital wins auction for federal building

Published On: Oct 18 2012 11:34:12 AM PDT
MOSCOW, Idaho -

The winner of an online auction for ownership rights to the federal building in downtown Moscow appears to be a local hospital.

An executive with Gritman Medical Center claimed Tuesday the hospital beat out five other parties for the 38-year-old property with an offer topping $2.38 million.

The U.S. General Services Administration put the building on the market earlier this year after negotiations with Latah County broke down. GSA says the property needs more than $3 million in renovations and opted to sell it.

The U.S. Postal Service is the current anchor and tenant of the building, but the county also leases office space.

Hospital board director B.J. Swanson says the building will likely be used to expand patient services and continue the hospital's presence in the city's downtown.