City council has voted to reduce the market price of the old fire hall in an effort to spur activity to help the building sell faster.
Currently priced at $349,000, a reduced sale point will be in place by the end of the week after consultations with the city’s real estate agent.
Council passed a number of bylaws on Monday evening aimed at amending the Official Community Plan to rezone the property for commercial use.
The Fire Hall has been on the market since July 2015, going up for sale after council held and in-camera vote to put the building on the market earlier that year.
The building served as Cranbrook’s fire hall since it was first built in 1929. A new fire hall was constructed on 2nd St. and opened in April 2011.
Since 2011, the old fire hall has served various uses, such as storage for city space.
A Memorandum of Understanding (MOU) was signed between the city and the CDAC in June 2014 around the potential future use of the former Fire Hall No. 1 as a permanent facility and arts centre.
In a presentation to city council in March 2015, CDAC president Sioban Staplin said the organization had a plan to turn the firehall into an arts and culture centre with educational facilities and a gallery.
If the downtown location of the fire hall isn’t to your liking, there’s always the Armond Theatre, which is up for sale for the low, low price of $254,000.