Sheridan school building auctioned off for $435,000
Less than six months after it was closed, the former Sheridan Elementary School, 915 Sheridan St., was sold at auction Tuesday night for $435,000 by Roan Inc.
The winning bid, by Ben Stopper, was $50,000 more than the reserve price the Williamsport Area School District had put on the building when putting it up for auction. Three individuals registered to bid, but only two made bids.
Sheridan is the second former elementary school the district has auctioned off in the past five days, having recently auctioned off the former Woodward Township Elementary School for $220,000.
When asked after the auction if he had plans for the former school, Stopper replied: “None.”
He explained that working in the real estate business and knowing the area well, he understood that the property had “potential.”
“I’ll think of something (to do with the building),” Stopper said.
The property that Stopper purchased sits on about 6 acres of land. The two-story building is more than 27,000 square feet in size. The building is 100 years old.
And despite being such a large plot of land in the city, Stopper said it wasn’t the main focus of his purchase.
“The building attracted me more than the land,” he said.
The auction took less than 10 minutes to complete, with an opening bid of $200,000. Auctioneer Rich Roan said that was a normal length of time for such an auction. He estimated similar auctions usually take about five to eight minutes to complete.
Sheridan was one of two elementary schools that were closed at the conclusion of the 2012-13 school year as the district underwent a grade reconfiguration.
The former Round Hills Elementary School, 136 Grimesville Road, will be the last of the district’s building auctions. It will be auctioned off on site at 6 p.m. Nov. 7.