60 South St, Ware, MA 01082
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.