Sharing Ministries of Montrose has taken ownership of part of the former Red Hat Produce complex at Austin.
The property, at 21922 Austin Road and listed by the county at 11,280 square feet, served as the main office and storage.
It is the building located on the north side of the railroad tracks.
Calling the deal a "strategic donation" and a "strategic purchase," Josh Freed, president of the Sharing Ministries board, said his non-profit paid $100 for the building.
"You couldn't beat the price," Freed said.
The county assessor had placed an actual value on the property of just under $79,000. The building had been foreclosed since November 2011.
The storage facilities on Austin's Main Street south of the railroad tracks, and which were also part of the Red Hat operation, were not included in the Sharing Ministries transaction.
According to county records, the transfer was made by a quit claim deed naming the seller as SA Group Properties, identified as a Minnesota corporation.
"The building is not a part of what we are planning in the Delta area," Freed told the DCI. "It may be used for some storage, or sold, or transferred to another non-profit," Freed explained.
Sharing Ministries operates a food bank and other social service programs. According to the organization's website, it is "a non-profit, non-denominational, faith-based food bank."
Its stated mission is "to obtain food from various sources and distribute it at no cost to those in need — in Montrose as well as other communities on Colorado's Western Slope."blog comments powered by Disqus