Ishpeming’s hospital moved into its new home last fall.
Now, Bell Hospital has just sold its old home.
And that may open the door for new businesses and jobs.
O’Dovero Properties of Negaunee has bought the old hospital for $1.
The sale covers both Bell’s former main facility downtown and its other nearby buildings.
Bell is providing several payments toward renovation over the next 4 years,
as some upgrades and some demolition both take place.
The City of Ishpeming made the old hospital an Obsolete Property Zone last fall.
Once O’Dovero starts those improvements, they won’t pay property taxes on the improvements for at least 12 years.
O’Dovero is looking for people or businesses that might want to lease part of the old hospital.