1318 Ostwalt Amity Rd - Schools FOR SALE


Cleveland, NC 27013
$750,000 USD
704-996-8234
1318 Ostwalt Amity Rd, Cleveland, NC for Sale
$750,000 USD
Schools - FOR SALE
1/12
null | Request Cap Rate

1318 Ostwalt Amity Rd
Cleveland, NC 27013


HIGHLIGHTS

  • Nearly 22,000 SF combined under roof
  • ±7,920 SF heated/cooled space; 12-ft ceilings; maple hardwood floors; elegant architectural details
  • ±14,000 SF of masonry/steel construction for storage, adaptive reuse, or expansion
  • Over 5 fully fenced acres with two secure access gates
  • Supports residential agricultural uses and potential for creative developments (wedding venue, retreat center, private school, event/worship facility)
  • Situated in northern Iredell County with proximity to major regional routes

OVERVIEW

This exceptional property offers a rare mix of scale, flexibility, and history in northern Iredell County. Priced at $750,000, the opportunity presents nearly 22,000 square feet of interior space across multiple structures, situated on 5+ fully fenced acres with two gated entries. Originally constructed as a local schoolhouse, the property combines classic architectural character with generous square footage, ideal for adaptive reuse or redevelopment. The main building encompasses ±7,920 square feet of heated and cooled space, with defining features such as 12-foot ceilings, expansive archways, and original maple hardwood floors. Roof replacement on this section and the gymnasium/auditorium was completed approximately seven years ago, preserving the integrity of these key areas. An additional ±14,000 square feet of masonry and steel structure provides enormous potential for restoration or creative transformation. Zoned RA, this property supports an expansive range of potential uses, including residential development, special-purpose venues, educational facilities, or commercial/hospitality concepts (subject to approvals). For visionary developers, investors, or entrepreneurs, this property stands as a true blank canvas — one where historic charm and modern potential converge.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$34 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

5 AC

LAND SF

217,800 SF

ZONING

RA

APN/PARCEL ID

4761-93-1928.000

ASK ABOUT THIS PROPERTY

Elisha ScottNorthGroup Real EstateMore Info
704-996-8234

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Elisha ScottNorthGroup Real EstateMore Info
704-996-8234

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.