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    145 School Rd Mount Morris, PA 15349

    For Sale
    $2,400,000

    14,716 SF, Renovated, 11 Acres

    Property size:
    14,716 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 14,716 square foot mixed-use property, located at 145 School Road in Mount Morris, Pennsylvania, presents a unique investment opportunity. Situated on a sprawling 11.43-acre lot, this single-story building, constructed in 1965 and extensively renovated in 2019, offers versatile potential. Previously utilized as an elementary school and later as a single-family residence, the property is currently planned for conversion into a 60-bed residential treatment facility. However, its adaptable layout, encompassing private offices, large gathering rooms, a commercial kitchen, and open garage space, allows for a variety of uses. The property's zoning is unconstrained, providing flexibility for future development. Its convenient location, just one mile from I-79 Exit 1, two miles from the West Virginia border, and ten miles from Ruby Memorial Hospital and West Virginia University Health Sciences Campus, enhances its appeal. The asking price is $2,400,000. This property is ideal for investors seeking a substantial, adaptable asset with significant redevelopment potential in a strategic location.

    Property Features for 145 School Rd

    General Information

    Property type
    Schools
    Square Feet
    14,716 SF
    Lot Size
    497,891 SF

    Building Details

    Year Built/Renovated
    1965/2019
    Buildings
    1
    Stories
    1

    HighLights

    • Multi‑use building ideal for diverse businesses.
    • Recently renovated with modern finishes.
    • Ample open garage space for parking or storage.
    • Several private offices for individual work or team collaboration.
    • Spacious common areas perfect for large gatherings or events.
    • Fully equipped commercial kitchen ready for immediate use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Schools

    Suggested Use

    Restaurant Building Supply Dental Office Spa & Massage Hair Salon Auto Repair Shop Nail Salon Pharmacy Convenience Store Laundry Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Morris
    County
    Greene
    State
    Pennsylvania
    Longitude
    -80.0708376
    Latitude
    39.7363668

    Nearby Similar for Sale

    • $134,900
      0.91 Acres

      Mt. Morris Commercial Property Auction

      Two parcels totaling 0.91 acres with remodeled building.
      229 Mt. Morris Rd, Mt Morris, PA 15349
      View Details

    FAQs

    What type of property is this?
    School - 14,716 SF, Renovated, 11 Acres
    Where is this school located?
    The property is located at 145 School Rd Mount Morris, PA.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: Multi-use building ideal for diverse businesses.; Recently renovated with modern finishes.; Ample open garage space for parking or storage.
    Request Owner's contact information
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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
    145 School Rd Mount Morris, PA 15349
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