Ky. post office being auctioned

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Associated Press

Posted on December 21, 2012 at 5:01 PM

Updated Friday, Dec 21 at 5:01 PM

BOWLING GREEN, Ky. (AP) — A small post office in south-central Kentucky is being put up for auction.

The Daily News (http://bit.ly/Zoa4Wa) reports the building where Alvaton's post office is located will be auctioned on Saturday, but that won't mean the end of postal services at the location.

Postal Service spokesman David Walton says the agency says some small post offices are being considered for closure, but the Alvaton location is not one of them.

"We have an active lease through 2017 and an option to lease for another five years," Walton said. "So we are not going anywhere."

Listing agent David Chelf said the property has generated interest.

"We've had several calls from people looking at it from an investment standpoint," Chelf said. "Nothing is ever a sure thing, but having that rental income from the Postal Service looks pretty good."

The new owners have an obligation to continue leasing the nearly 1,200 square-foot building and paved parking lot to the Postal Service, Chelf said. He said the Postal Service currently pays $650 a month to lease the property. Walton said the new owners will need to transfer the lease agreement.

Chelf said the current owner, Geraldine Dearing, is ready to sell the facility. He said her late husband, James Dearing, built the facility in the 1970s to post office specifications and spent several years there as postmaster.

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Information from: Daily News, http://www.bgdailynews.com

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