First opened in 1930, the stable is for sale as part of a bankruptcy process by owner Walker Blankinship. He is looking to sell off the property in order to pay off debts accrued by his father, who passed away.
The property is being auctioned by Marc Yaverbaum, whose services were retained by Blankinship’s mother, Edna. The original date for the auction had been set for February 21st, but has since been postponed. The hope is that the extra time will allow for a greater possibility that a buyer will come along who will commit to maintaining the property as a horse stable.
Windsor Terrace Councilman Brad Lander has been lobbying on behalf of a stable on the site, stating that:
“…the community strongly supports the preservation of a horse stable at this location, and that bidders should be clear about this expectation. I would not support a rezoning of this property that did not commit to preservation of a horse stables," Lander wrote.