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Updated almost 15 years ago, 12/14/2009

User Stats

69
Posts
4
Votes
Susan Anthony
  • Real Estate Investor
  • Poughkeepsie, NY
4
Votes |
69
Posts

Pontiac Silverdome Sold for 1 cent on the dollar!

Susan Anthony
  • Real Estate Investor
  • Poughkeepsie, NY
Posted

Back in November, I remember seeing a news story about the Pontiac Silverdome in Michigan selling at auction for $583,000. The cost to build the Silverdome in the 1970's was $55.7 million. The taxpayers in MI were upset about the $1.5 million in annual upkeep for the stadium, which has been closed since 2/2006.
For 462,000 square feet and 80,000 seats, that is quite a bargain.

:D Moneypenny

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