Property at 120 W Jackson St, Lime Springs, IA

Updated August 24, 2026

OPEN HOUSE: August 25 | 5:00–7:00 PM PROPERTY / AUCTION DETAILS Auction Date: September 4 at 12:00 PM Open House: August 25 from 5:00–7:00 PM Address: 120 W Jackson St., Lime Springs, Iowa Property Type: Former School & Gymnasium Property 1.014± total acres 44,186.20 sq. ft. combined land area Two parcels selling together 21,932 sq. ft. Gross Building Area (GBA) per Howard County Assessor 12 classrooms, including 2 smaller classrooms 3 offices Sizable gymnasium Main-level kitchen Appliance/laundry room with space for washer & dryer Numerous existing lockers 4 individual half baths, each with toilet & sink Main men's restroom with 3 toilet stalls & 3 urinals Main women's restroom with 5 toilet stalls 12 toilets + 3 urinals total Lower level with large dining area Lower-level kitchen area Additional lower-level rooms 13,870 sq. ft. school/classroom portion – built 1965 7,000 sq. ft. gymnasium – built 1950 950 sq. ft. storage/warehouse building – built 1965 112 sq. ft. storage/warehouse addition – built 1965 Assessor reports combination forced-air heat & A/C for school/classroom and gymnasium portions Main 0.744-acre parcel classified Urban / Commercial by Howard County Assessor Additional 0.270-acre parcel classified Urban / Residential by Howard County Assessor Main parcel indicates city utilities Main parcel indicates paved street Parcel 220070010010000 – 0.744 acre / 32,425 sq. ft. Parcel 220070010050000 – 0.270 acre / 11,761.20 sq. ft. Opportunity for continued use, redevelopment or repurposing, subject to applicable local requirements Located at 120 W Jackson St. in Lime Springs, Iowa, this former school and gymnasium property offers approximately 21,932 sq. ft. of gross building area on 1.014± total acres, consisting of two parcels selling together. The main level includes 12 classrooms, 3 offices, a kitchen, appliance/laundry room, numerous lockers, multiple restroom facilities, and a sizable gymnasium. The lower level provides a large dining area, kitchen area, and additional rooms, adding considerable space to the existing layout. The property offers an opportunity for a buyer with plans for renovation, redevelopment, or repurposing. The existing classroom layout may lend itself to potential apartment or other residential redevelopment, while the large gymnasium could provide possibilities for an event venue, recreation space, community use, or other permitted use. Any change in use, including residential conversion, would be subject to applicable zoning, building codes, permits, and governmental approval. The property is being sold AS-IS, WHERE-IS, and buyers should anticipate repairs, updates, and renovation. The lower level has notable moisture, the building has a musty odor, and some plumbing fixtures, toilets, mechanical components, and other building systems may be nonfunctional or require repair or replacement. Buyers should conduct their own inspections and due diligence regarding the condition and suitability of the property f