Twin Cities archdiocese sells off more property
A federal judge has granted the bankrupt Archdiocese of St. Paul and Minneapolis permission to sell two more properties.continue at MinnPR
The archdiocese will get $900,000 for the buildings at 244 and 250 Dayton Ave., near the Cathedral of St. Paul.
One lot is vacant; the other contains an office building.
The buyer is a subsidiary of The Cathedral Heritage Foundation, a nonprofit dedicated to preserving, restoring and enhancing the Cathedral of Saint Paul.
The archdiocese has now raised about $9 million by selling church real estate, including the Summit Avenue chancery that housed offices and the archbishop's residence.