The bid is for the sale of the Broad Street Exchange Building. A prebid walk-through is scheduled for December 8, 2025. Sealed bids must be submitted by December 19, 2025, at 10:30 AM EST. An earnest money deposit of 5% of the proposed purchase price is required. The county will award the bid to the highest acceptable offer, considering factors like price, reputation, and the intended use of the property. The closing date is anticipated to occur in February 2026. Questions must be submitted by December 12, 2025, at 4:00 PM.
The term of agreement is 45 days after the executed agreement of sale.
The purchase price must be paid via cash, cashiers check or certified check at closing.
The county will award the bid to the highest acceptable offer by an interested party. In addition to the amount of the offer, the county will take into account contingencies and exceptions contained in each bid as well as the intended use of the property among other factors.
Responders must be a recognized dealer in the materialsservices specified and qualified to advise in its application or use.
Failure of responder to do so, shall result in the cancellation of the award and forfeiture of the bid bondbid security, if any, which shall become the absolute property of the county of luzerne.
A prebid walk through will be held on monday, december 8, 2025 at 2: 00 p. m. est. Attendance is highly recommended.
Questions regarding this bid or the need for additional data or information should be submitted in writing by email to ***@***. *. * no later than 4: 00 p. m. on friday, december 12, 2025.
As a point of reference, the property was assessed in 2025 at 2. 1 million dollars.