Property Description
Incredible Investment Opportunity – Former Great Bend Elementary School
YOU BUILD IT, THEY WILL COME!
THIS WILL BE A MONEY MAKER!
This unique property offers endless potential for the savvy investor or visionary developer. Situated just 1 mile from the Fort Drum airfield, the building sits on 3.7 acres and is partially fenced with a former baseball field on site—perfect for community or recreational space.
Plans and zoning approvals are already in place to convert the building into an 18-unit residential complex, consisting of:
4 studio units
7 one-bedroom units
7 two-bedroom units
All building permits, plans, and inventory convey with the sale. Additionally, the materials currently inside the building stay with the property, offering added value and convenience. A contractor who provided the initial renovation estimate is available and ready to complete the work, if desired.
Projected property value upon completion: $1.5 million, providing instant equity and strong income potential.
Current heating system includes two industrial boilers, with plans to transition to electric baseboard heating (tenant-paid).
SELLER OFFERS FLEXIBLE OWNER FINANCING SOLUTIONS and will provide all building plans and inventory to get you moving fast.
Whether you’re looking to add to your investment portfolio or bring new housing to the area, this property is ready for transformation.
Schedule your private showing today and turn this vision into reality.
