22154 Pa-18, Conneautville, PA 16406
Exceptional redevelopment opportunity awaits with the former Conneaut Middle School, a 102,059 square foot, three-story building situated on a sprawling 27.9-acre lot in Conneautville, Pennsylvania. This special purpose property, located at 22154 PA-18, Crawford County, boasts a rich history and presents significant potential for adaptive reuse. The property includes two parcels (APN: 51-0-041307, 51-0-041306), ample parking (159 spaces), and multiple athletic fields, including a football stadium with field house and locker rooms, and two gymnasiums. Built in 1954 and renovated in 2004, the building features a boiler hot water heating system, Uni Vent heat, a security system, fire alarm, motion sensors, a backup generator, and Wi-Fi throughout. All rooms are ADA compliant, and asbestos remediation was completed in 2004. The property also includes an industrial kitchen and two loading docks with two dock-high doors. The asking price is $4,300,000, with occupancy available November 1, 2024. Low taxes and no zoning restrictions further enhance this compelling investment opportunity. The property's size and features make it ideal for a variety of adaptive reuse projects.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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