57,022 Square Feet
of Endless Potential

At $6.14 per square foot, this is well below replacement cost for a building of this size and construction quality. The price reflects the property's location in rural Minnesota and the owner's motivation to find the right buyer who will put this building to good use. It's priced to sell and offers exceptional value for any adaptive reuse project.

The building is structurally sound with a new roof installed in 2017. The gymnasium floor was recently refinished. The commercial kitchen equipment is in working condition. Like any building of this age and size, some areas may need updating depending on your intended use, but the bones are solid and the major capital expenses (roof, structure, plumbing, electrical) are in place.

Yes. The owner is open to seller financing with negotiable terms for qualified buyers. This includes land contracts, lease-to-own arrangements, and other creative deal structures. We're also open to working with buyers doing 1031 exchanges. Contact us to discuss what works for your situation.

Absolutely. We encourage all serious buyers to schedule an in-person showing. We can accommodate tours on most days with advance notice. Use the contact form below or call us directly to set up a time. Virtual walkthroughs may also be available upon request.

The property is currently zoned for institutional/commercial use. Zoning changes or variances for specific uses (such as residential conversion or assisted living) would need to be coordinated with Todd County. Many adaptive reuse projects in former school buildings have successfully navigated this process. We recommend contacting Todd County Planning & Zoning for details specific to your intended use.

As a 1970s-era school building, buyers should anticipate standard due diligence items common to buildings of this era. We recommend a Phase I environmental assessment as part of your due diligence. The property is not located in a flood zone and has minimal environmental risk factors. The rural location means clean air, low noise, and no industrial contamination concerns.

Yes. Clarissa is located in a USDA-designated rural area, which means the property and its future use may qualify for various USDA Rural Development programs including business loans, community facility grants, and rural housing programs. These programs can significantly reduce acquisition and renovation costs for qualifying projects.

We previously had the property listed with a broker and it was under contract at $350,000. That deal fell through, and we've chosen to sell directly this time to save both parties the 5-6% commission cost. This means a more competitive price for buyers and a more flexible negotiation process. You're dealing directly with the owner — no layers, no delays.