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    60 South St Ware, MA 01082

    Sponsored
    For Sale
    $699,000

    Spacious school building, 16,556 sq ft.

    Property size:
    16,556 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional property, located at 60 South Street in Ware, Massachusetts, presents a unique opportunity for investors and developers. The former St. Mary elementary school boasts a substantial 16,556 square feet of space, ideally suited for a variety of adaptive reuse projects. The building's layout includes nine classrooms, providing ample room for various educational or community-based programs. Additional features include dedicated administrative space, a principal's office, a nurse's room, and a teacher's lounge, all contributing to a well-organized and functional floor plan. A large storage room and student lockers located in the hallways offer convenient storage solutions. Ample on-site parking is available, ensuring easy access for occupants and visitors. The property is offered at an asking price of $699,000. It's important to note that the property is subject to a deed restriction regarding its future use

    Property Features for 60 South St

    General Information

    Property type
    Schools
    Square Feet
    16,556 SF

    HighLights

    • 16,556 SF former elementary school in Ware, MA.
    • Suitable for adaptive reuse projects.
    • Nine classrooms, administrative space, and ample storage.
    • On‑site parking available.
    • Asking price: $699,000, subject to deed restrictions.
    Property Profile Location Intelligence

    Current Use by Public Records

    Schools

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ware
    County
    Hampshire
    State
    Massachusetts
    Longitude
    -72.2397434
    Latitude
    42.2561313

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    FAQs

    What type of property is this?
    School - Spacious school building, 16,556 sq ft.
    Where is this school located?
    The property is located at 60 South St Ware, MA.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: 16,556 SF former elementary school in Ware, MA.; Suitable for adaptive reuse projects.; Nine classrooms, administrative space, and ample storage.
    Request Owner's contact information
    60 South St Ware, MA 01082
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    60 South St Ware, MA 01082
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