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170 Main St - Former Wells College Campus 556,980 SF Specialty Building Offered For Sale in Aurora, NY 13026
INVESTMENT HIGHLIGHTS
- ±127 acres with 25 buildings
- Buildings on site include a variety of classroom and office buildings, athletic facilities, and residence halls
- 18 mi. southwest of Auburn (pop. 26,866) & 26 mi. north of Ithaca (pop. 32,108)
- ±1,585’ of frontage along Cayuga Lake
- 47 mi. southwest of Syracuse (pop. 148,620)
EXECUTIVE SUMMARY
The former Wells College Campus is approximately 127 acres in Aurora, New York overlooking Cayuga Lake. The campus contains 20+ buildings, a large turf field, tennis courts, and significant parking.
Closed as of June 30, 2024, Wells College was founded in 1868 as Wells Seminary, a women’s college later renamed Wells College. Over the course of its history, Wells grew from a small seminary educating the young women of New York to a nationally-recognized co-educational college drawing a diverse student body from many states and several countries.
Centrally located between Syracuse, Rochester, and Ithaca, the property is nestled in the heart of the Finger Lakes region of New York. Its built-in amenities that include an athletic center, theater, dining hall, and historic buildings provide a unique opportunity, whether as a turnkey acquisition for another institutional user or as a redevelopment for a creative developer looking to repurpose this beautiful site.
Closed as of June 30, 2024, Wells College was founded in 1868 as Wells Seminary, a women’s college later renamed Wells College. Over the course of its history, Wells grew from a small seminary educating the young women of New York to a nationally-recognized co-educational college drawing a diverse student body from many states and several countries.
Centrally located between Syracuse, Rochester, and Ithaca, the property is nestled in the heart of the Finger Lakes region of New York. Its built-in amenities that include an athletic center, theater, dining hall, and historic buildings provide a unique opportunity, whether as a turnkey acquisition for another institutional user or as a redevelopment for a creative developer looking to repurpose this beautiful site.
PROPERTY FACTS
| Sale Type | Investment or Owner User | Lot Size | 127.00 AC |
| Sale Condition | Redevelopment Project | Building Size | 556,980 SF |
| Property Type | Specialty | No. Stories | 2 |
| Property Subtype | School | Year Built/Renovated | 1868/2019 |
| Building Class | B | Parking Ratio | 0.04/1,000 SF |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | B |
| Lot Size | 127.00 AC |
| Building Size | 556,980 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1868/2019 |
| Parking Ratio | 0.04/1,000 SF |
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PROPERTY TAXES
| Parcel Number | 053401-193-005-0001-001-000-0000 | Improvements Assessment | $7,419,000 |
| Land Assessment | $1,032,500 | Total Assessment | $8,451,500 |
PROPERTY TAXES
Parcel Number
053401-193-005-0001-001-000-0000
Land Assessment
$1,032,500
Improvements Assessment
$7,419,000
Total Assessment
$8,451,500
CONTACTS
-
Mark Rupprecht -
Ed Kiesa -
Patrick Dugan -
Mark Bezold -
Troudy Vaughan -
CBRE Upstate NY
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170 Main St - Former Wells College Campus
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