230 School Street

Description

Seller financing available for qualified buyers. Multi-building campus with income today and substantial redevelopment upside. Approx. 56,000 SF, 3-story indoor sports facility + approx. 22,000 SF, four-story 1889 Old Catamount High School + 2,500 SF renovated annex house. Recent upgrades include new roofs, new gym build-out, updated electrical, sprinklers, heating, and fire/smoke systems. Sports facility: 1st floor features brand-new full-size basketball/futsal/volleyball courts, lounges and offices, gift shop, multiple locker rooms with showers, trainer room, Fair Play Café with permitted commercial kitchen (~$50K in equipment), theater/dance area, game/yoga rooms, and laundry/maintenance. 2nd floor offers a 3BR/2BA apartment, storage, and eight converted classrooms (~60 beds). 3rd floor includes three 1BR coach apartments, players’ lounge, equipment room, and eight additional sleeping rooms (~60 beds) with shared bath/shower rooms. Historic school: reception, offices/classrooms, fitness/yoga rooms, locker rooms, two baseball cages, game room, maintenance areas, plus a fourth-floor historic amphitheater and small courts. Annex house (renovated): new kitchen/appliances, plumbing, furnace, electric; primary suite, two additional bedrooms, living room, laundry, and two baths with showers. Keep current income (YMCA, parking, annex) while pursuing concept plans showing up to ~36 apartments, subject to municipal approvals. Shown by appointment.