$179,900

Unique Redevelopment Opportunity...Salter School. A versatile property situated on an entire city block, 1.29 acres. This former school building is ideal for apartments (one apartment tenant currently). The property is zoned multi-family & commercial with plans drawn up for 16 apartments. PROPERTY HIGHLIGHTS: 3,276 sq ft gymnasium with a stage & kitchen, separate entrance foyer with 2 bathrooms. The gym would be ideal for community events/creative repurposing. The basement includes utility rooms & a large room with an outside entrance. A 1,681 sq ft garage/shop with large lift up door located on back of the building. Also a separate 6,000 sq ft metal building with cement floor & oversized lift doors-ideal for storage, workshop, commercial use etc. 2 tenants currently in metal building. The school includes a large parking lot & street parking to accommodate residents or commercial traffic. Fencing around 3 sides of property. This property offers immense potential for developers or visionary buyers looking to create a mixed-use community event space and/or apartment complex. Whether multi-family, commercial or some of both, the possibilities are endless! Schedule a tour today & explore the full scope of this one-of-a-kind opportunity! One seller is a licensed real estate agent in the states of Iowa and Illinois.