ACE Hardware Property Acquisition Proposal
Summary
ACE Hardware is proposing to purchase two city-owned parcels to build a standalone 10,000-square-foot store on State Road 7. Commissioners supported the move to help a local business secure its future, provided proper stipulations are included.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Apr 8, 2026.
Impact analysis
The property sale price is proposed at $475,000, below appraised value, but is expected to generate long-term tax revenue and business stability.
ACE Hardware gains a secure, permanent location with US 441 frontage, and local shoppers retain access to a trusted hardware provider.
The MCRA will lose an existing monthly rental income stream of approximately $9,000 once the current lease ends.
Mentions & discussions (1)
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