Former School Building - Personal Care Home Conversion Opportunity in Conneautville, PA
Financial Details
- Asking Price:
- $3,400,000
- Profit Metric:
- NOI
- Location:
- Conneautville, PA, US
- Source:
- Date:
- September 16, 2025
Key Highlights
Description
This listing presents a unique investment opportunity in Conneautville, PA, featuring the former Conneaut Middle School. The expansive property spans 27.39 acres and includes a 102,059 SF, three-level building. It offers immense potential for conversion into apartments, shared living spaces, or other specialized uses, leveraging its large rooms and open areas. The building is ADA compliant on every floor, has a boiler hot water heating system, individual room temperature control, Uni Vent Heat system, security system, fire alarm, motion sensors, backup generator, and Wi-Fi throughout. It also boasts an industrial kitchen, two gymnasiums, and a football stadium with field house and locker rooms. Asbestos was removed in 2004. The property is characterized by low taxes and no zoning, providing significant flexibility for development. The asking price is $3,400,000, with seller financing available. While the Gross Revenue and Net Operating Income are not disclosed, this property represents a significant opportunity for redevelopment or repurposing.
Industry Information
- Industry Description:
- Real Estate Investment / Personal Care Home
- Classification:
- Health Care & Fitness
Real Estate & Lease
- Status:
- Owned
- Real Estate Price:
- $3,400,000 USD
Assets & Inventory
- Includes FF&E:
- Yes
Broker Contact
- Name:
- Helen Berger
- Company:
- PGHBIZ BROKERAGE
- Phone:
- 412-226-3901
Listing Details
- Listing ID:
- f36efe87-0d8c-4979-b7ce-61d7aa7ff223
- Source Listing ID:
- 2325918
- Deal Status:
- For Sale
- Last Updated:
- September 16, 2025
- Currency:
- USD