Bidding on the Bulova building in downtown Lancaster closed out this afternoon at $1.6 million.
According to Michael J. Curran, vice president of CBRE Group Inc., the bids or buyers cannot be revealed, at minimum, until after the property sells.
The California-based company handled the auction of the Bulova building in collaboration with auction.com. The property was previously owned by a Florida-based firm, according to Lancaster County records.
The 212,560-square-foot commercial space is located on 1.10 acre of land at 101 N. Queen St. It has been vacant since 2008 when Bulova Technologies moved out.
Bidding started on Monday at 1 p.m. Bidding kicked off at $650,000.