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Investment Highlights

  • Former elementary school with three-story building configuration
  • Flexible zoning supports a variety of institutional uses
  • Served by 3-phase electrical service and on-site parking
  • Positioned near downtown Bowling Green amenities and services

Executive Summary

437 S Main Street offers a rare opportunity to acquire a historic institutional property in Bowling Green, Ohio. Originally constructed in 1890, this former elementary school encompasses 24,144 square feet across three floors on a 0.765-acre site. The property's established educational layout, substantial building footprint, and flexible zoning framework create opportunities for a variety of redevelopment and adaptive reuse strategies.
Located approximately one mile from Bowling Green State University and within walking distance of downtown Bowling Green, the property benefits from proximity to one of Northwest Ohio's most significant educational and employment centers. The surrounding area provides access to university resources, community services, local businesses, and residential neighborhoods, supporting a range of potential institutional, community-oriented, and mixed-use redevelopment concepts.
The building includes features that support continued institutional use, including multiple classroom areas, a large gymnasium and auditorium space, cafeteria facilities, abundant natural light through large classroom windows, and on-site parking. The structure is served by three-phase electrical service, HVAC, a concrete foundation with basement, and brick masonry construction.
Municipal mixed-use neighborhood zoning and the property's history as an educational facility position it for a variety of permitted and conditional uses, including educational, governmental, religious, social service, lodging, healthcare, and community-oriented operations. For investors, nonprofits, educational organizations, and redevelopment groups, the property presents an opportunity to reposition a landmark building within an established university community and active downtown market.

Property Facts

Price $349,900
Price Per SF $14.49
Sale Type Investment or Owner User
Property Type Specialty
Property Subtype
School
  • Specialty Lodge Meeting Hall
Building Class C
Lot Size 0.50 AC
Building Size 24,144 SF
No. Stories 3
Year Built 1900
Parking Ratio 1.25/1,000 SF
Zoning MUN-Mixed Use - Allows for churches, public & private schools, university, social service agencies, library, public governmental offices, youth hostel, hospital, extended care facility, nursing home

Amenities

  • Signage
Fairly walkable
50/100
Very drivable
80/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • B07-511-300109023000
  • B07-511-300109020000
  • B07-511-300109025000
  • B07-511-300109021000
  • B07-511-300109024000
  • B07-511-300109022000
Land Assessment
$8,820
Improvements Assessment
$13,020
Total Assessment
$21,840
  • Listing ID: 41793030

  • Date on Market: 8/18/2026

  • Last Updated:

  • Address: 437 S Main St, Bowling Green, OH 43402

Contact the Sale Advisor

437 S Main St

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