Wednesday, March 26, 2008

Since I'm clearly feeling the spring fever...





This would make the most rockin B&B EVER...
Building Size:33,000 SF
Lot Size:32,123 SF
Price:$269,500
Year Built:1922

Property Description:
**Wonderful investment opportunity at a great price!**

Former Lorraine Bills School

Built in 1922. Gothic Style Architecture. All Brick with 33,000 square feet. Structurally sound but is in need of renovation as it is in original condition.

There is a massive iron double tiered staircase at the entrance. The central hallways have marble floors while the classrooms have hardwood floors. Some classrooms have built-in bookcases. There is a large gymnasium with basketball court, balcony seating and a stage.

Fall-Out Shelter status

The building is located on a large city lot with plenty of space for parking in the rear of the building as well as in the front.

Potential uses are; Affordable housing, Senior housing, Student housing, Office, Retail, Antique mall, Artist studio, Gallery, Mixed usage, flex space

Tax Credits are available

Location Description:
Located in busy downtown section of Herkimer. One block from county courthouse. Near Lowe's, Walmart, Herkimer County College, Hospital, Banks and restuarants. Turning Stone Casino is also nearby. Albany, NY is one hour away, while Manhattan is about a three hour drive.

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