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    OFF-MARKET
    Schools

    60 South St, Ware, MA 01082

    16,556 SF
    Property ID
    US38-1648373
    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 Schools
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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