Huge Mansion school make offer, 1.43 acres 19,262 sq.ft. Low tax, your next home

I have, what could be, a 19,200 -sq ft MANSION in the far west side of Nebraska. Zoning is currently listed for a single-family. However, with the Zoning Board’s approval, this could very possibly be approved for housing.

109000.00$

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I have, what could be, a 19,200 -sq ft MANSION in the far west side of Nebraska .  The structure was an elementary school until 1 year ago.  Zoning is currently listed for a single-family.  However, with the Zoning Board’s approval, this could very possibly be approved for housing

projects such as senior housing units/apartments, public housing units, Bed and Breakfast Lodge, storage. Again would first have to have the Zoning Board’s approval, but the possibilities could prove financially lucrative.  The city manager was very up beat about helping with grant money if was approved R2.


I have already spoken with the Assessor, and because it was classified as a school, there are currently no taxes owed until 2026; no taxes owed this year.  I negotiated the taxes, will be $3700 a year and appraised at $169,000 for 2026. 


As you can see from the photos, this is a very nice building, with great potential.  The property is situated in a beautiful neighborhood and sets on 1.43 acres M/L, sprinkler system. A thriving little community of 6,500 population.  All REASONABLE Offers will be considered.


The playground equipment is gone; the white, doublewide / modular will be moved and is not being sold with this school.  Please note that some of the  miscellaneous items seen in the pictures were the property of the school, and have been removed.


 You’re buying this property AS IS, WHERE IS.  If I accept your offer, the following terms will apply.  A NON-REFUNDABLE,  $4,000 deposit will need to be overnight within 24 hours to the title company, who, in turn, will forward to me.  The deposit will be applied towards the purchase price and reflected in closing.  In addition, the  NON-REFUNDABLE Deposit clause will be waived and your deposit returned ONLY should I be found to be at fault in some way.  Closing is to be completed within 30 days of accepted offer, and TIME IS OF THE ESSENCE.


**REMEMBER,  it is a School, and therefore there is the possibility that it COULD CONTAIN Asbestos and/or Lead Paint to some degree.**.  There is NO Rent-To-Own or NO Owner Financing offered, and NO Trades accepted.  Be prepared to be a Cash Buyer when making an offer; no waiting to secure a loan, sell another property, etc.   Should you have questions, call (660) 815-1035.  Thanks, George

Seller State of Residence Missouri
For Sale by Owner
Property Address 1600 Elm st.
Number of Bedrooms 5
Property Type School
Sale Type Existing Homes
Number of Bathrooms 4
Setting Rural, Country
Zip/Postal Code 69162
City Sidney
State/Province Nebraska
Square Footage 19262

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