(New Buffalo, MI) - There’s a buyer for the old True Value Hardware store in New Buffalo.  The city now owns the S. Whittaker St. property vacant for several years.  A bid for $139.000 was accepted by the city council last week.

City Manager Dave Richards says the buyer has a year to develop the property under terms of the sale about four months from being officially closed on.  Richards says what might go inside the old True Value building is not yet known.