The city of Bloomington has finalized the $400,000 sale of the Showers Administration Building to Eurton Properties.
Eurton Properties is completing a restoration of the building at 601 North Morton Street before they begin discussions with possible tenants later this year, according to a Wednesday release from the city.
The purchase includes the approximately 18,400 square foot building and a 0.19-acre lot on the north side of the building, according to the release.
First designed in 1916 for the Showers Brothers Furniture Company, the building was purchased by IU in the 1950s to hold the Indiana University Press, according to the release. The city of Bloomington purchased the property in 2011 and spent $150,000 to replace the roof and repair exterior brickwork.