{{featured_button_text}}

MASON CITY | Ashley Furniture plans to open a store in the vacant Kmart building, city officials confirmed Tuesday.

With 700 stores, it is the largest furniture outlet in the world, according Troy Eichmann, chief operating officer of Furniture Mart of America/Ashley Furniture. Furniture Mart of America is the parent company.

A building permit was issued June 8 for an estimated $500,000 in renovations for 2006 Fourth St. S.W.

The plan is to open an Ashley HomeStore in part of the building and find tenants for the rest of it, according  Eichmann.

Work has already started on revamping the building, he said. The interior has been completely gutted and extensive work will be done on a new façade, he said.

"We want to make this building pop — be something the community can be proud of," he said.

The store will occupy about 37,000 square feet, said Eichmann. That leaves about 100,000 square feet which will be leased, he said. 

Weather permitting, the store should be open by the end of the year, said Eichmann.

Steven VanSteenhuyse, the city's director of development, said he has been told the store will take up about a third of the of the old Kmart building, with the rest available for tenants.

The former Kmart building sold for $3 million in October 2016. The buyer was a LLC whose managing member is Furniture Mart Founder Bill Hicks. Many of the company's stores operate as Ashley Furniture HomeStore. 

Furniture Mart is headquartered in Sioux Falls, South Dakota.

— John Skipper

Get local news delivered to your inbox!

* I understand and agree that registration on or use of this site constitutes agreement to its user agreement and privacy policy.
8
10
4
3
8

Load comments