Special Purpose Property For Sale - SCHOOL OR CHURCH CAMPUS FOR SALE:

946 East Lower Springboro Road, Springboro, OH, 45066

 
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Springboro, OH
Ohio

SCHOOL OR CHURCH CAMPUS FOR SALE:

 

946 East Lower Springboro Road

Springboro, Ohio 45066
County: Warren
 
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  For Sale Active  
Property Use Type:Investment
Type:Special Purpose
Religious Facility
Building Size:54,486 SF
Lot Size:15.00 Acres
Occupancy:70.00%
Price:$2,750,000
Price/SF:$50.47
Year Built:2000
Date Last Verified:12/15/2008
Property ID:15271530
 
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 Additional Information 

Property Description:
Excellent visibility on busy State Route 48 in Springboro, Ohio, within minutes of I-75 and affluent suburbs of South Dayton, Ohio. This unique offering is an excellent opportunity for existing school system looking to expand or move into Ohio. Perfect for Charter, Technical, University Annex, Trade, Vision or hearing impaired, or alternative educational institution. Other use for property could include residential use including residential conversion for seniors, apartments, condominiums or redevelopment into residential community as adjoining acreage is available.
- 34,350 sf. High School Built in 2000
- Can Serve up to 1,000 Students
- 165 x 95 Basketball Gymnasium/Multi-Purpose Room, 430 seats with locker rooms
- Avg. HH Income $110,000
- Multiple Use Facilities

Building Breakdown
High School: 34350 sf, 2-story bldg built in 2000; Multi-Purpose room, kitchen, 13 classrooms, 6 offices
Activity Center: Built in 1984, Gym seats 430 w/ locker rooms, 11 classrooms
Elementary School: 10150 sf, Built in 1972, 9 classrooms, 4 offices
Sanctuary: 3120 sf, Built in 1964
Office: 1560 sf, Built in 1963
Historic Church: 2900 sf, Built in 1800's
Single family house: 1728SF

Location Description:
Corner of State Route 48 and East Lower Springboro Road

No. Stories:2Property Types:Religious Facility
Residential (land)
Commission Split:1.5%Mobile Home/RV Community
Assisted Living Residences
 Highlights 
•Motivated Seller•Near Turn Key School
 
•Development Opportunity•Unique Property
 
•HH Income Average $105,000•Multiple Use Property
  Financial Summary   
No Cash Flow Information Provided
 
  Major Tenant Information
Tenancy Type: Single
 
 
  Debt & Equity Information
No Debt & Equity Information Provided
8/3/2007
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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
 
 

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