The empty Sherman Elementary School building on Franklin Street has received attention from prospective buyers but no hard offers yet.
The asking price for the building, vacated in June as part of an Ogdensburg City School District reorganization that will see elementary pupils split between Kennedy and Madill elementary schools, has declined steadily. Originally asking $250,000, the district dropped the price to $180,000 after getting no bites in July.
Today there is no minimum bid, though the district reserves the right to accept or reject any offer. Building and Grounds Supervisor James J. McCarthy said the district is looking for any buyer who has a constructive plan for the building.
Mr. McCarthy and his staff have shown the building to a few different people, he said.
I guess the people who are looking at it are going to do some research, Mr. McCarthy said. Some people might want it for apartments or offices.
People are pricing the cost of converting the building from a school configuration to something more suitable for apartments or offices. Mr. McCarthy said some people also are stepping back and looking at how much of a market there is in the area for studio apartments or more office space.
My suggestion is going to be that if we dont get any offers soon, were going to go through a realtor, he said.
Because the district still owns the building, Mr. McCarthy said, it is still paying for basic upkeep in addition to sewer and water services.
Getting it out of the care of the district, into private hands and on the tax roll, regardless of the sale price, will help the school save money, he said.
He said the district also may be interested in selling some of the equipment at the building, most notably the playground, to individuals or groups who could use it.
It would be a shame to let that go to waste, he said.
The district also will be selling Lincoln Elementary School on Knox Street after it closes next summer.
Mr. McCarthy said that property, which has ball fields attached, would be good for real estate developers looking to build houses. There are some real prime building lots there, he said.
Anyone looking for more information about Sherman Elementary School can call Mr. McCarthy, 393-0900, ext. 250, or district Business Manager Jeffrey R. Swanson, 394-2500, ext. 40293.