Norris & Stevens, Inc. and Popkin Real Estate, LLC have been chosen to exclusively market for sale the Seaside School District properties: Seaside High School, Broadway Middle School and Gearhart Elementary School.
The Seaside School District expects to be completely moved out of the properties by fall of 2020 at which time the sites will be available for redevelopment. Understanding the properties will most likely be redeveloped, and the potential costs associated with demolishing the buildings, the School District has decided to lower the asking prices to spur activity from the development community.
The new prices will be: $3.5 million for the Seaside High School, $2.9 million for the Broadway Middle School and $1.2 million for the Gearhart Elementary School.
The School District is confident they will identify the right buyer to create a successful repurpose of the sites that will benefit the community and help complete the School District’s transition to the new school campus.
Norris & Stevens, Inc. is one of the largest locally-owned, full-service commercial real estate brokerage firms in Oregon and SW Washington. A member of the TCN Worldwide network, the firm was founded in 1966 and currently employs around 75 professionals in investment sales, leasing and property management for office, industrial, retail, land, and multi-family properties. The firm’s property management portfolio exceeds 5 million square feet of commercial space and 9,000 apartment units.