This is a former catholic school, most recently used as a private art institute. There are no deed restrictions as is the case with many other former, usually public, schools. The school house character is still there, with historic trim, blackboards, gym, etc. Very large rooms and extremely high ceilings allow for attractive residential one and two-bedroom units. As much as 28,000 gross sqft of tremendous potential after total renovation. Sale can include plans for rezoning the former St. Thomas Of Aquinas School to 22 residential units. 19 Units have been approved for both State and Federal Tax Credits. Also included are building permits for 14 units initially. Copies of plans and tax credit details can be made available for review. Contact your agent for additional information. Property is offered as-is. Seller to provide no inspections or any repairs. Additional land behind the building can be included for additional parking (22 spots total, possibly more).
|Price Reduced from $399,000 to $375,000|
|Price Reduced from $420,000 to $399,000|
|Price Reduced from $450,000 to $420,000|
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