15,078 sq. ft. (+3,947 sq. ft. basement) Endless potential awaits with this 15,078 sq. ft. commercial building at 409 E Adams Street in O'Neill, Nebraska. Formerly a school, this solid brick structure stands ready for a new purpose. Inside, the property features a 50' x 84' gymnasium floor with four basketball hoops and balcony seating, making it perfect for a sports facility, recreation center, or event venue. The building also includes six spacious classrooms and numerous smaller rooms that could be repurposed for offices, specialty spaces, or storage. Additionally, there are men's and women's restroom facilities and a 3,947 sq. ft. basement offering added space for storage or expansion opportunities. With its size, versatility and low cost per square foot, this property presents countless possibilities for an entrepreneur or investor looking to breathe new life into the space. Whether you envision an educational facility, office hub, a vibrant community space or if you're looking to establish a business, create a rental investment, or bring a new service to the community, this building provides a great foundation and the potential to become something truly unique. Don't miss this chance to bring your vision to life-schedule a tour today! Property Taxes/Tax Year: $312.54/2024 Approximate Measurements: Gymnasium Floor: 50'x84' Classroom 1: 22'x30' Classroom 2: 22'x25'6" Classroom 3: 22'x27'6" Classroom 4: 22'x30' Classroom 5: 22'x25'6" Classroom 6: 22'x27'6" Womens Bathroom: 12'x10'6" Mens Bathroom: 12'6"x10'6"