The US federal government may not have a bridge to sell you, but it does have an ammunition plant, an access road and a handful of lighthouses.
They’re all part of the government’s ongoing effort to unload unused and unwanted federal real estate to save money on maintenance – and bring in some bucks in the real estate market. The government lists 14,000 buildings and structures as " excess " and 55,000 as under- or not-utilized, and by selling handfuls of property at a time, officials believe that removing this excess could save $8 billion by FY2012.
Click ahead to see some featured government properties on the auction block!
Posted 22 Nov 2010
You can see the full properties being auctioned on the US General Services Administration auction website.