The old Abbey Grille, the former Central Congregational Church, where Lizzie Borden went to practice her faith, was sold today at auction. The first bidder only offered $20,000. The Millennium bankbcp, the holder of the foreclosure, then stepped forward and purchased the structure for $250,000.
The sale of the building, instead of it staying in foreclosure mode, means that the city of Fall River can now recoup the back taxes owed and the lien holders can collect their monies due.
We do not know what the bank plans to do with the building. Estimates to fix the steeple are at $800,000, and $600,000 to pull the steeple down.
One hopes that the cost of demolition of such a structure will stave off any rash decisions.
