Fisher Building back on the market
Possible uses don’t materialize for first potential buyer, triggering option letting developer out of purchase contract
Cheney’s nearly 84-year-old former high school and administration building is once again on the commercial real estate market.
Cheney developer Steve Emtman, who entered into a contract with the school district to purchase the Fisher Building this past August through a limited liability company, Save the Fisher LLC, has been released from the purchase agreement, putting the building built in 1929 back on the market. The purchase agreement gave Emtman 180 days to conduct investigations, inquiries and studies “to determine if the Property will be suitable for Buyer’s intended use.”
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