c.1910 Ohio School For Sale on 1.65 Acres $195K

OHU50K Notes $195,000

Here is a beautiful brick school for sale in a residential neighborhood. Prospect Elementary School was constructed in 1896, with an addition built later. The school served 166 students in grades 4-6 before it closed for good in 2007. It is now vacant and abandoned on 1.65 acres, but in 1896 it stood on five acres, which now is Kelley Park located behind the school. The park has a lighted softball field, playground and is a popular place for winter sledding.

We first featured the school in 2002 when it was $100,000 less than the current asking price. It sold for $63,500 but is back on the market for $195,000

House View featured at 838 Prospect St, Salem, OH, 44460

Realtor Comments

BRING ALL OFFERS! Originally built in 1898 with additions in 1910 and 1944, this historic property is in great condition and full of potential. Space will never be an issue with over 16964 sq ft in the main property and 2304 sq ft in the newly renovated rear studio. That does not include the full basement complete with your own gymnasium. The attic is just waiting to be discovered and will make an amazing third floor with wood floors, beams and exposed brick wall. The craftsmanship of original hardwood floors, handmade woodwork, doors, molding and brass finishes are like no other. They simply do not build properties like this anymore. Many original features have been preserved in this unique property.

4bed
3.5+bath
Circa 1898

Contact Realtor: Beth Ann Castner
Google Map
Niche

838 Prospect St, Salem, OH 44460 $195,000

Condo featured at 838 Prospect St, Salem, OH, 44460

Farm featured at 838 Prospect St, Salem, OH, 44460

Patio featured at 838 Prospect St, Salem, OH, 44460

Location of This School For Sale

Salem is a city in Columbiana County, located in northeastern Ohio. With a rich history dating back to the early 19th century, Salem offers a blend of small-town charm and modern amenities.

Pros of Living in Salem, Ohio

Affordable Cost of Living: Salem boasts a lower cost of living compared to many urban areas. Housing, utilities, and everyday expenses are generally more affordable.
Historic Charm: Salem has a rich historical heritage, with many well-preserved buildings and landmarks. The city’s historic district offers a glimpse into its past with charming architecture and quaint streets.
Community Atmosphere: Salem offers a close-knit community feel. Residents often know their neighbors and engage in community events, fostering a sense of belonging.
Access to Nature and Parks: The city is surrounded by natural beauty, with several parks and recreational areas nearby. This provides opportunities for outdoor activities such as hiking, fishing, and picnicking.
Education: Salem City School District serves the community with several schools that offer quality education. There are also nearby higher education institutions, such as Kent State University at Salem.
Healthcare Facilities: Salem is home to Salem Regional Medical Center, providing residents with access to quality healthcare services.

Cons of Living in Salem, Ohio

Limited Job Market: While there are employment opportunities in Salem, the job market is not as robust as in larger cities. Some residents may need to commute to nearby towns or cities for work.
Weather: Salem experiences a range of weather conditions, including cold winters with significant snowfall and hot, humid summers. This can be challenging for some residents.
Limited Public Transportation: Public transportation options are limited, making it necessary for most residents to own a car for commuting and daily activities.
Entertainment and Amenities: While Salem has a variety of local shops, restaurants, and entertainment options, these may be limited compared to larger urban areas. Residents often travel to nearby cities for a wider range of options.
Economic Challenges: Like many small towns, Salem has faced economic challenges over the years, including the decline of traditional industries. This has impacted the local economy and job market.

Summary

Salem, Ohio, offers a blend of historic charm, community atmosphere, and affordable living. It is ideal for those who appreciate a small-town environment with access to nature and a close-knit community. However, limited job opportunities, weather challenges, and fewer amenities compared to larger cities are important factors to consider.

Aerial View featured at 838 Prospect St, Salem, OH, 44460

Shed featured at 838 Prospect St, Salem, OH, 44460

Other Interiors featured at 838 Prospect St, Salem, OH, 44460

Door featured at 838 Prospect St, Salem, OH, 44460

Balcony featured at 838 Prospect St, Salem, OH, 44460

Road featured at 838 Prospect St, Salem, OH, 44460

Porch featured at 838 Prospect St, Salem, OH, 44460

Corridor featured at 838 Prospect St, Salem, OH, 44460

Garage Indoor featured at 838 Prospect St, Salem, OH, 44460

2022 Listing Below

OHU50K Notes $95,000 Sold on 4/27/2022 for $63,500

Property featured at 838 Prospect St, Salem, OH 44460

Prospect Elementary School for sale in Salem. 16,964 Sq Ft. Great potential for this historic building in Salem. Presently still divided into classrooms, a gymnasium and offices! The building is in great condition. There is also a separate building that was used for annex classrooms and an extra lot! There are pylons marking the east boundary by the vacated alley on the east side, There is a black fence on the west side the is the west side property line. Both lines go to the depth of the driveway you can.