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Located at 120 W Jackson St. in Lime Springs, Iowa, this former school and gymnasium property offers approximately 21,932 sq. ft. of gross building area on 1.014± total acres, consisting of two parcels selling together. The main level includes 12 classrooms, 3 offices, a kitchen, appliance/laundry room, numerous lockers, multiple restroom facilities, and a sizable gymnasium. The lower level provides a large dining area, kitchen area, and additional rooms, adding considerable space to the existing layout.

The property offers an opportunity for a buyer with plans for renovation, redevelopment, or repurposing. The existing classroom layout may lend itself to potential apartment or other residential redevelopment, while the large gymnasium could provide possibilities for an event venue, recreation space, community use, or other permitted use. Any change in use, including residential conversion, would be subject to applicable zoning, building codes, permits, and governmental approval.

The property is being sold AS-IS, WHERE-IS, and buyers should anticipate repairs, updates, and renovation. The lower level has notable moisture, the building has a musty odor, and some plumbing fixtures, toilets, mechanical components, and other building systems may be nonfunctional or require repair or replacement. Buyers should conduct their own inspections and due diligence regarding the condition and suitability of the property for their intended use.

With substantial existing square footage, a gymnasium, classroom and office spaces, kitchen and dining areas, and two parcels totaling just over an acre, this property provides a starting point for a buyer prepared to take on a renovation or redevelopment project.

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