1869 N Sr 257
Otwell, IN 47564

Located at 1869 N SR 257 in Otwell, Pike County, Indiana, this former Otwell Elementary School building is offered for sale on +/-10.79 acres. It is a rare renovation opportunity: +/-42,079 square feet under roof, built in 1973 with a 2001 addition featuring two-sided access, offered with complete building plans for the entire structure, included in the sale! The floor plan offers room for reinvention. Sixteen classrooms arranged in a rectangular layout provide a buyer with a wide range of flexible space to reconfigure, alongside a front office, library, kitchen, and stage. The combined gym and cafeteria is approximately 8,000 square feet of open, high-ceilinged space. Absent area zoning, the building holds potential to be redeveloped to fit your needs! Whether it be apartment residential housing, office space, an assisted living home, or a company's new headquarters and assembly facility! Multiple entrances and blacktop parking front and rear support a range of new uses, from multi-tenant to single-user. The building is all-slab construction with 10 total bathrooms throughout: one in the kitchen, one in the front office, one in each of two kindergarten classrooms, two in the teacher workroom, one in the nurse's office, and another by the center auditorium. The girls' and boys' locker rooms are both connected to the gym, which also has showers. Mechanically, the building includes 3 boilers believed to work, 2 chiller units, and 4 air handlers, existing infrastructure that a renovation can build on. Per the seller, one AC unit has a bad main computer, and the other has a hole in its tank, both of which are repairable. The kitchen walk-in cooler has worked before, but needs recharging. An elevator lift to the cafeteria stage and the fire alarm system are both believed to work. WIN Energy supplies power to the main building from the west, while the sign near SR 257 is powered separately by Dubois REC. Otwell Sewer & Water also services the building. The basketball and tennis courts await renovation. Otwell is a small Pike County community with an abundance of daily commuter traffic. Jasper is +/-10 miles away, Petersburg is +/-11 miles away, Washington is +/-17 miles away, and Evansville is +/-58 miles away, placing the property within reach of larger regional amenities and employment centers. Sold as-is, with complete building plans provided, this large-footprint building is ready for a buyer with vision to give it new life.

Property Features

Local Schools