Description

This property includes 10 acres of land with 5 buildings consisting of 55,000 square feet. Property was originally the district school. Building includes clasrooms, gymnasium etc..

It is ideal for farming or redevelopment for residential or commercial use.

Property is located in West Manchester Ohio, Preble county.

It is a rural area, 7 miles from Eaton and 35 miles from Dayton. On the other side it is about 10 miles from Indiana.

Property is located right off interstate and is conveniently situated.

The property is available for sale or lease.

The buildings are in disrepair and in need of rehab and is being sold in AS-IS condition.

Replacement cost at $125 a foot would be $7 million.

Property is presently listed with brokers for $1 million (less than $20 a foot for outright sale).

Owner is willing to reduce sales price for quick cash sale or willing to hold mortgage with 20% down.

Owner will also consider leasing to bonafide/qualified customer for $5 a sq ft. negotiable long term lease.

Real estate taxes are $2,800 a year.

It is a rural country area and the 10 acres provide prospective buyer with many options relative to land use.

Property could be used for a Seminary, Church retreat, boarding school, residence, farming, and agriculture.

For additional information call Sam at 718-646-9368.