Prime Adaptive Reuse - 114,000+/- SF School Owego, NY

Property Location MAP

100 Elm Street
Owego, NY 13827

Property #: AP26040

Contact Agent

Michael Foster, CAI
Tranzon Auction Properties

716-507-9009 mfoster@tranzon.com
Rare opportunity to acquire a 114,000+/- sq. ft. former school building on 19.27+/- acres. Originally constructed in 1958, the property features expansive interiors, including a gymnasium, auditorium, and high-bay space, along with durable masonry construction and substantial infrastructure. With its size and layout, the property is well suited for a range of redevelopment strategies, including multi-family conversion, charter or private school use, community facility space, office redevelopment, or religious/institutional occupancy. The property may also align with New York State incentive programs supporting affordable housing development, creating additional upside for residential conversion. Offered as-is.
 
Building Features
  • Large open-span areas with steel truss construction
  • Gymnasium (9,000+/- sq. ft.) and auditorium (9,000+/- sq. ft.)  
  • Additional high-bay space (18,000+/- sq. ft. with 20’+/- ceilings)  
  • Wide corridors and classroom-style layout
  • Heavy-duty electrical infrastructure 
  • Loading docks and overhead doors  
  • Public water, sewer, and natural gas service  
 
Site Highlights
  • Cell tower on-site (additional potential income)  
  • Large campus-style setting
  • Located less than 1 mile from Interstate 86
 
Michael Foster, Broker | NY #49F00966562 | 16 Warren Ave., Kenmore, NY 14217
 
Broker's Procedures: Please be advised that prior to showing a purchaser a property: (1) we do not require identification from a prospective purchaser, (2) we do not require a purchaser to sign an exclusive brokerage agreement and (3) we do not require a pre-approval for a mortgage loan in order to show a purchaser properties.

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Michael Foster, CAI

Michael Foster, CAI: Tranzon Auction Properties

716-507-9009 mfoster@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

  • Buyer's Premium: 10% Buyer's Premium based on the high bid.
  • Closing: 30-day closing, sold in As-Is condition, no contingencies.
  • Deposit Amount: Ten percent (10%) of purchase price (high bid + buyer's premium) due within twenty-four (24) hours of auction end.
  • Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

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