Investor Alert! A rare opportunity to acquire a former elementary school situated on approximately 6 acres in West Liberty, KY, offering exceptional commercial and redevelopment potential. The sellers previously obtained approved plans for storage units, making this property an excellent candidate for conversion into a self-storage facility (subject to zoning and approvals). The expansive structure and acreage provide flexibility for a wide range of potential uses, including but not limited to medical offices, nursing or assisted living facilities, professional offices, educational or training centers, multi-tenant retail spaces, or community-focused developments. The property also features a large gymnasium, which could be reactivated for recreational use, events, fitness operations, or adaptive reuse. With ample space for parking, future expansion, or multiple income-producing avenues, this property presents a unique value-add opportunity for investors and developers seeking a versatile asset. Endless possibilities bring your vision and explore the potential this property has to offer.
| MLS # | 26001727 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1957 |
| Days On Site | 212 |
| Listing Provided By | JB Land & Home Realty | Jeremiah B Brown |
| SQ Feet | 21,648 |
|---|---|
| Zoning | R-1 |
| Acreage | 6.26 |
| Roof | Rubber |
|---|---|
| Construction Materials | Block, Brick |
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | On Site |
| Sewer | Public Sewer |
|---|
| State | KY |
|---|---|
| County | Morgan |
| City | West Liberty |
| Zip Code | 41472 |
| Area | 062 Morgan County |
| Subarea | Morgan County |
| Community Name | Commercial |
| Listing VS Median (in Commercial) | |
Price: $545,000 low | high Med: $89,450 sqft: 21,648 low | high Med: 2,383 $ / sqft: $25 low | high Med: $38 On site: 212 low | high Med: 53 | |
| State | KY |
|---|---|
| County | Morgan |
| City | West Liberty |
| Zip Code | 41472 |
| Area | 062 Morgan County |
| Subarea | Morgan County |
| Community Name | Commercial |
| Listing VS Median (in Commercial) | |
Price: $545,000 low | high Med: $89,450 sqft: 21,648 low | high Med: 2,383 $ / sqft: $25 low | high Med: $38 On site: 212 low | high Med: 53 | |