County buys Subway Restaurant site
Olmsted County commissioners on Tuesday authorized spending $465,000 for property at the intersection of Fourth Street Southeast and Third Avenue.
Without public comment, the board unanimously approved a purchase agreement for the land that currently houses a Subway Restaurant at 210 Fourth St. SE.
The sale is expected to close at the end of February.
Following the vote, County Administrator Heidi Welsch said the purchase was a matter of “good timing,” since property owners approached the county for the sale, but no decisions have been made regarding how the property will be used in the future.
The 9,849-square-foot land purchase follows the county’s purchase of an adjacent property along Fourth Street. In September, the county bought the neighboring office building for $970,000.
According to Olmsted County records, the combined properties carry an estimated value of approximately $1.2 million for tax purposes.
Earlier this month, Matt Miller, the county’s director of facilities and building operation, said the purchases provide room to grow as the county faces space constraints in the nearby city-county Government Center.
“We’re planning to have some conversations with the county board in 2019 to talk about our long-term space needs, specifically around the justice system,” Miller said at the time.
Welsch said those conversations haven’t been scheduled but will likely be part of discussions around future capital improvements.
The status of the Subway Restaurant on the site is uncertain. County documents state: “The current owners of the property have indicated the tenant, which operates the Subway Restaurant, has opted to close the restaurant prior to the transfer of title to the county.”
However, Linda Anderson, who is an owner of the franchise, declined to comment Tuesday evening on plans for the restaurant.
The county has maintained leases on the neighboring property, which includes Schatz Law Firm, Springer Appraisal Associates and Joy Foot and Body Massage. Welsch said there is no plan to end those leases at this point.