That's the listing price for the old Grand Karem Shrine building in downtown Waco that McLennan County is trying to sell. 

Described as "very walkable," in a listing on LoopNet, the 53,500-square-foot structure was built in 1928 and is now on the market. 

McLennan County commissioners tried their hand at putting a bid out for the purchase of the building at 701 Washington Ave. and its adjacent parking lot, but received no bites. 

So in mid-May, commissioners voted to hire commercial real estate broker Jim Peevy at Reid Peevey Real Estate Company in hopes of getting the mostly-empty building back on the tax rolls.

In a listing posted to LoopNet, there are floor plans, pictures, and details of the structure. 


The 53,500-square-foot Grand Karem Shrine building on North Seventh Street, near the McLennan County Courthouse downtown, is described as "very walkable" in a listing on LoopNet.

The county did not disclose the minimum price for purchase in the bid.

The county purchased the building for $383,000 in August 1995 after the Karem Shrine relocated to new headquarters. County officials only use a small portion of the building, which features a full basement and three floors above ground, including a ballroom. 

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