For a bid of at least $3 million, you could be the next owner of one of the most valuable parcels of land in downtown Harrisburg.
A somewhat dated, 246,000-square-foot building conveys with the property.
The federal General Services Administration posted notice on Tuesday that it is selling the Ronald Reagan Federal Building at 228 Walnut St.
To bid in the online auction, a deposit of $100,000 is needed, with a minimum bid of $3 million. As of this writing, GSA had not yet set a completion time for the auction.
The 11-story building was built in 1966 and is one of the largest freestanding office buildings in Harrisburg, occupying a full city block at N. 3rd, Walnut and Locust streets. In addition to nearly 250,000 square feet of finished space, it has a 55-space parking area in the basement.
GSA wants to sell the building as it nears completion of the new federal courthouse, a 243,000-square-foot building at N. 6th and Reily streets. GSA expects substantial completion of that project in summer 2022.
The Ronald Reagan Federal Building houses the current courthouse operations, in addition to other federal agencies with Harrisburg-based offices. Some of these offices, such as the U.S. Marshal Service, are slated to move to the new courthouse. The Reagan building also houses a U.S. post office. GSA has not yet made public its plans for the post office.
Sale of the property had been in the cards for several years. In 2019, the Public Buildings Reform Board listed the property as one of 14 federal properties slated for disposal.
To view the online auction, visit the auction website.
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