507-720-4663
308 4th St, Welcome, MN for Sale
Schools - FOR SALE
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308 4th St
Welcome, MN 56181


OVERVIEW

Located between Sherburn and Fairmont along Interstate 90, the former Elementary School in the City of Welcome offers a prime opportunity for developers and entrepreneurs with vision. This substantial property spans over 30,000 square feet, presenting immense potential for a variety of uses. This property may be a great candidate for Historical Federal and State Grants. The building’s size and layout make it adaptable to several redevelopment possibilities, including but not limited to: Private School: Ideal for educational institutions seeking to establish a campus in a serene, accessible community. Multifamily Housing: The expansive space could be converted into apartments or townhomes, meeting the growing demand for housing. Assisted Living Center: The facility’s size and structure make it suitable for senior care, offering a chance to cater to an aging population in the region. Treatment Facility: The building could also serve as a treatment or rehabilitation center, providing much-needed services in a supportive environment. Strategically situated in a peaceful city with close proximity to neighboring urban areas, this property combines accessibility with the charm of a small-town setting. Its solid construction and ample square footage provide a strong foundation for innovative redevelopment projects.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Welcome Elementary School

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.43 AC

LAND SF

149,305 SF

ZONING

-

APN/PARCEL ID

425800575

ASK ABOUT THIS PROPERTY

Carlos CarreraRE/MAX Dynamic AgentsMore Info
507-720-4663

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Carlos CarreraRE/MAX Dynamic AgentsMore Info
507-720-4663

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