A realtor in Medicine Hat, Alta., is fielding inquiries only days after the Archer Daniels Midland flour mill in that city was listed for sale.
The facility, which ceased operations in May 2013, is listed at $1.35 million.
The price includes 15 acres and more than 100,000 sq. feet of building space, a concrete grain elevator, a 28 to 30 car rail spur, steel bins, warehouse and offices.
“We have had a number of inquiries into it,” said Pete Vanderham of ReMax Medalta Real Estate in Medicine Hat.
He said ADM has said it will not sell to a competitor, so that has eliminated some of the enquiries from going further.
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“They won’t sell to a competitor, but they will sell, if somebody is doing work that’s catering to (ADM), they may give some second consideration to that.
“Certainly as a grain storage facility it would work, or if they were doing some grinding for cattle feed or something like that, that might work.”
ADM has owned the plant and property since 1992. The facility began its life in 1912 as Ogilvie Flour Mills Co., which was known for its Five Roses Flour brand.
It is located in downtown Medicine Hat along Seven Persons Creek.
The property has experienced partial flooding several times in the last few years and there are city plans to build a berm for better flood protection in the future, Vanderham said.
The property is zoned as direct control, so city council will have to give final approval to its future use.
Vanderham said the ADM property is one of the largest parcels of land now available in the city.
Closure of the mill in 2013 ended a 100-year history of flour milling in the city. ADM said at the time it was part of efforts to consolidate western operations in Calgary.
barb.glen@producer.com
