Daily press. [volume] (Newport News, Va.) 1896-current, 1898-12-20
STRIKING EXAMPLE.
One Instance of tl,e Advance III Newport
News Real Estate.

| HaNT l.a.,.- news 1le;il Estate.
4 striking evidence Of the advance in
tie value of Newport News real estate
IS afforded by deal that is now on
| between Mr.. B. B. Wilkins, who owns
the property at the corner of Washing
ton avenue and Twenty seventh street,
now occupied as "a grocery, and another
party desiring to purchase it.
| The lot measures one hundred by
twenty-five feet. Something over a year
ago, the present owner paid IS 900 for it,
and the building upon it, He spent
some %2,o0O remodeling the building and
.alahlns other improvements. and has
gust been offered $4,000 for the entire
property. He has not closed the deal,
not because he does not consider that
this is a good price for it, but because
ne is We'll established in business there.
and does not like the idea of giving up
such a good stand. 1t was reported yes
terdaE that Mr.. Wilkins had sold the
corner to Mr.. Hcffeltingcr. OF Hampton.
mug Mr.. Wilkins when asked about it,
stated that the offer was made
A $4,000 offer for this property. which
is improved. is regarded in many quar-
tiers as splendid sale and one gentle
! man Who is we'll posted on real estate
stated it was his belief that Mr.. Will
klns had made really the best sale of
any Of the Washington avenue property
| holders.
|
as an excellent one, there are others in
the real estate business who say that If
is not any too much.
Several attempts have been made to
purchase from Mr.. Howard Siisby tho
lot at the corner of Washington avenue
ana Twenty-seventh street, diagonally
across from Mr.. Wilkins place, and Of
fers as high as $4,000 and $4,000 have
been made for it, This lot is the same
size as the other and is not improved,
other than by several one-story frame
office buildings
A we'll known financier who is buying
in a lot of property here asked Mr.. Sis
by TO name his figure for the property,
/ but he refused to consider a sale.
! MIR. George A. Schmelz, it is UNDER
stood, was offered $4,000 for his corner
at Twenty eighth street and Washing
ton avenue, now occupied by Coffey &
Richards. but he refused 70 consider the
offer. saying that he would not take
$4,000 for the property
! It is learned that several large build.
| lngS Will so up soon on Washington av-
enue. Quite large number of property
deals have been made within the past
| few weeks and now the purchasers are
ings in question will be at least three
stories in height With pressed brick
| fronts.
Mr.. Howard 'Slsby has completed his
arrangements for building the sky
scrdper at the corner of Washington
avenue and Twenty-seyyenth street. Mr..
D. Wiley Anderson, the well known
Richmond architect has been engaged
to prepare plans for the building, which
will be ready in few weeks.
MI. iSilsby has practically decided to
use in the front of his six-story struct-
ure the cream brick that shows UP so
we'll in the Citizens & Marine Bank di-
rectly across The street.
ar. Thomas B. Henley, who repre-
sents Mr.. 'Silsby here, stated today that
a sufficient number of rooms in the
building had been rented to assure per
cent. on $4,000 annually. There has
been a great rush for rooms in the new
office building. says MI. Henley, and he
anticipates no difficulty in renting every
| room in the place when it is ready for
| occupancy.
PROPERTY TRANSFERS.
| Old Dominion Land Company to John
G. Jiggetts, one lot; consideration, $500.
Old Dominion Land Company to w.
E. Devils. one lot, consideration, $500.
H. D. Mason ct ux and John King ct
ux to y. p. SO'Donnell house and lot;
consideration. $4,000.
r. 1. A. Mason to. J. P. O'Donnell,
house and lot; considerable $4,000.
]. p. Dollard to S. p. Sale, house and
lot; considerat ton, s1,950.
/ Inc corpora LlOn COURT was not III SeS-
session yesterday, but will be today.
Judge Rarham promises q. decision in
the injunction case soon, probably be-
/ fore the end of the term.
The city council will meet tonight
Among other things. the salaries of city
| officers will be allowed.
Suits and overcoats at Christmas
Monday prices. Woodward 4 Womble.
! de14-tt.
Buy your Whistles and Wines for