Any ideas for what to use a schoolhouse for?
 

I got home for reading week, and my parents told me about a decent investment opportunity near our cottage. It is a 40 year old schoolhouse on a secondary highway in a fairly remote location, but just about a mile from a great lake. It is about 10000 square feet with a gymnasium, 5 classrooms, and a soccer field/baseball diamond, and the price they are selling for seems to be not much more than this 3 acre lot would sell for if it was empty.

Its likely only selling for such a small price because it is impossible to create a good business in this area; but it is also possible that it is only so cheap because no one has yet had any good ideas.

The highway it is off of seems to be busy enough to have a general store/small restaurant, but not busy enough to support a fast food chain/tim horton's etc.

It is about 1 hour from a few city's with population of 100k or more, and about 3 hours from Toronto(biggest city in Canada).

Re: Any ideas for what to use a schoolhouse for?
 

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reading week

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Is this like Canadian spring break?

Re: Any ideas for what to use a schoolhouse for?
 

make it into some crazy school themed club or try and turn it into a giant house.

Re: Any ideas for what to use a schoolhouse for?
 

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reading week

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Is this like Canadian spring break?

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Ya

Re: Any ideas for what to use a schoolhouse for?
 

Sounds like it's in a nice location with nice scenery. You could make it into a bed and breakfast. I would imagine that 5 class rooms could be converted to quite a few bedrooms. It probably already has some type of kitchen/cafeteria. The gym/health club would be a great selling point.

Along similar lines, it could be used as a sports camp.

Re: Any ideas for what to use a schoolhouse for?
 

Terrorist training camp, or paintball.

Re: Any ideas for what to use a schoolhouse for?
 

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make it into some crazy school themed club or try and turn it into a giant house.

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It could take a fair bit of work to turn into a house, but that could work nicely.

Regarding tourning it into a nightclub; that could be difficult since it neighbours a church.

Re: Any ideas for what to use a schoolhouse for?
 

http://www.lucasevents.com/

The Lucas Schoolhouse here in stl does very well.

Re: Any ideas for what to use a schoolhouse for?
 

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It is about 1 hour from a few city's with population of 100k or more, and about 3 hours from Toronto(biggest city in Canada).

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Wait... T-dot?

Re: Any ideas for what to use a schoolhouse for?
 

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It is about 1 hour from a few city's with population of 100k or more, and about 3 hours from Toronto(biggest city in Canada).

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Wait... T-dot?

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Thats the one