DeSoto Square Mall was built in 1973 and permanently closed on April 30, 2021. The property is being auctioned off next week.

Less than six months after it closed for good, Bradenton’s DeSoto Square Mall is set to be auctioned off, yet again.

The 48-year-old shopping center, which officially ceased operations on April 30, will be up for grabs at a bankruptcy sale scheduled for Oct. 11-13.

For sale is the 57.86-acre site, including the 569,675-square-foot mall structure, and operating tenants Firestone Complete Auto Care and Hudson’s Furniture. It does not include the separately owned former Sears building that has been converted into a Go Store It self storage facility. 

Interested parties can enter with a starting bid of $1 million. 

In case you missed it:DeSoto Square Mall closing in Bradenton was ‘long anticipated’

More:Bradenton’s DeSoto Square Mall owner files for bankruptcy

The auction is part of a bankruptcy process that started last September, when ownership group DeSoto Owners LLC filed for bankruptcy to delay a scheduled foreclosure sale. But ultimately, the group wasn’t able to hold onto the site.



Source Google News