It took only a few months for Doylestown Borough Hall to be sold to the highest bidder.
At $2.3 million, the winning bid went to Larry Thompson, a borough resident and owner of several key Doylestown properties, including the Lenape Building at the intersection of Main and State streets and McCaffrey’s Simply Fresh market on West State Street, said Borough Manager John Davis.
“We’re happy with the number,” Davis said. The 57 W. Court St. property was appraised at $2.1 million in late 2018. Proceeds from the sale will be used to defray the $10.3 million cost of the new borough hall and Central Bucks Regional Police Department headquarters on North Broad Street.
Thompson said, “it’s a little premature” to say what he may do with the historic building that sits in the town’s central commercial district. “A mixed use was a first idea…maybe a boutique-ish hotel. It needs to be repurposed for something beneficial for all of Doylestown,” said Thompson, in an interview Tuesday.