Buy A School As Your New Home

Urbanites craving a more rural lifestyle for their home or business are buying entire school campuses in the midwest for as little as $25,000.

1 minute read

December 23, 2004, 9:00 AM PST

By Chris Steins @planetizen


"In the past year, at least a dozen communities have turned to EBay to sell schools shuttered for lack of kids. They've attracted tremendous interest from entrepreneurs seeking a bargain and an escape.

...The schools are cheap, generally priced at $1 to $3 a square foot. They're big, too, and some are beautiful — solid brick with hardwood floors and quaint cupolas. In most small towns, there are no zoning ordinances to limit commercial or industrial activity. And the communities offer a refuge from the anxious anonymity of urban life."

Thanks to Chris Steins

Wednesday, December 22, 2004 in The Los Angeles Times

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