Property profile

60 South St Ware, MA 01082

OFF-MARKET
Specialty properties
Property ID
US38-1648373
16,556 SF
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Property summary

AI-generated overview

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 profile

Verified
Property type Specialty properties
Total area 16,556 SF
UPID US38-1648373

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

60 South St Ware, MA 01082
Ware metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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