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40,000± SF Former School on 1.8 Acres 212 N Ottawa St 40,000 SF Flex Building Tecumseh, MI 49286 $49,000 ($1.23/SF)
Investment Highlights
- - Nearby anchors: City Hall/Police, library, and school district offices are all within the downtown core.
- - There is a 10-year tax abatement available, dependent on the use case of the building.
- - Zoning/approvals: The listing markets the site as approved for residential redevelopment.
Executive Summary
FRE Auctions - Starting Bid: $49,000 - - Visit: https://fre.com/530D6 - - FRE Auctions is pleased to present the Online Auction for an extraordinary opportunity to redevelop a historic school in Lenawee County. Bring Tecumseh’s former schoolhouse back to life. 40,000± SF of solid brick construction on 1.81 acres sits just off Chicago Blvd in the heart of downtown, walkable to civic services, shops, and parks. Vacant and ready for vision, the two-story structure offers broad floorplates, abundant windows, and classic institutional bones that convert beautifully to modern residential. There is a 3rd subterranean floor. - FRE Auctions - Starting Bid: $49,000 - Visit: https://fre.com/530D6
Property Facts
| Price | $49,000 | Rentable Building Area | 40,000 SF |
| Price Per SF | $1.23 | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built | 1983 |
| Property Type | Flex | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.45/1,000 SF |
| Lot Size | 3.16 AC | ||
| Zoning | Residential Redevelopment - • Residential Redevelopment Site • Former Site of Tecumseh High School • Located in the Heart of Tecumseh • Fast Growing Area in Need of Housing | ||
| Price | $49,000 |
| Price Per SF | $1.23 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 3.16 AC |
| Rentable Building Area | 40,000 SF |
| No. Stories | 2 |
| Year Built | 1983 |
| Tenancy | Single |
| Parking Ratio | 1.45/1,000 SF |
| Zoning | Residential Redevelopment - • Residential Redevelopment Site • Former Site of Tecumseh High School • Located in the Heart of Tecumseh • Fast Growing Area in Need of Housing |
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Walk Score®
Very Walkable (81)
Property Taxes
| Parcel Number | XT0-000-0733-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $179,400 |
Property Taxes
Parcel Number
XT0-000-0733-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$179,400
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40,000± SF Former School on 1.8 Acres | 212 N Ottawa St
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