Iola’s iconic H.L. Miller and Son building — most recently home to Madison Avenue Steaks and Chops — remains for sale.
Three bids from prospective buyers were opened Wednesday morning at Community National Bank. None met the base bid of $250,000, reported Mike Waldman, CNB vice president.
The two top bidders, who were on hand for the opening, were told about the base bid. One declined to pursue the matter further. The other indicated he would check with investors to determine if he could meet the asking price, Waldman said.
Madison Ave. building fails to sell
