$400,000

In an Opportunity zone sits a former school & community center with 20,926 finished interior sq ft with a paved lot that runs along the back of the school. It also comes w/additional concrete parking lot. The building consists of 7 spacious classrooms, 4 on the 2nd floor with lots of storage cabinets, & closets, & three on the 1st floor. Each floor has a girls & boys restroom with multiple stalls. At the entry is the office with a single bathroom & a regulation gym. Downstairs is a commercial kitchen & cafeteria, another bathroom, pantry, & utility room. Years of deferred maintenance, vandalism, & lack of funding had left the school in need. So we spent 4.5 months preparing the building for sale, making it water tight, fixing multiple issues to put it on the market. We removed 7 layers of roofing, cracked skylights, closed all holes & openings & installed a new TPO rubber roof, with multiple drains. All of the walls, floors, cupboards, tables, equipment, shelving, etc. were scrubbed, & treated for mold. The gym ceiling had numerous leaks, these were all repaired, the insulation on the ceiling was removed, then the ceilings were cleaned & painted. The cafeteria & kitchen ceilings received the same treatment. Throughout the school all loose asbestos tiles were removed. The drains in the school were cleaned out, and the drainage around the school was addressed. The kitchen was scrubbed, & cleaned. There are so many ideas to make money with this school, renting out the gym for pickleball, soccer, basketball, etc., using the cafeteria & commercial kitchen for special events, renting out classrooms for daycare, tutoring, job training, using it as a private school, convert it to living area, or office space etc. Problems to address: plumbing supply lines, HVAC, exterior finish, damaged plaster walls. Bring your ideas to transform this space. Its cheaper than replacing this amount of square footage! Grants, and tax credits are available to help…