10/27/2012 11:32 am ET

Want A Tall Landmark With Media History? Bids Start At $1.5 Million

A commercial property auction buries the lead by starting with references to a "brilliantly designed Albert Kahn 14-story historic office building [that] features over 289,000 square feet of downtown development opportunity."

That's fine and well, but catch what the second paragraph says is up for grabs next month in online bidding: 321 West Lafayette Boulevard, a handsome tower that was the Detroit Free Press' home from 1925-98.

Flickr photo by jodelli.

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