There are no buyers for now for the former Sherman Elementary School in Ogdensburg.
Bids for at least $250,000 for the 16,000-square-foot building on Franklin Street failed to materialize by Tuesdays 10 a.m. deadline.
We had some people call, but thats it, said Jeffrey R. Swanson, the Ogdensburg City School Districts business manager.
Mr. Swanson said the districts board of education will likely discuss the matter when it next meets Aug. 5.
He predicts a new marketing strategy with a bottom line twist.
Well probably have to lower the minimum bid, Mr. Swanson said.
Mr. Swanson said the buildings ultimate sale price will only be the beginning for the buyer no matter what the plans are, residential or business.
Whoever buys it will probably have to spend their own money to convert it, he said, adding that grants may be scarce.
School officials have surmised that the building could be used for residential apartments or commercial office space.
The school first opened in 1895 and was rebuilt following a fire in 1949 that gutted the building.
The school closed June 30 as part of the districts plan to consolidate elementary education and trim costs. Lincoln Elementary School is slated to close next year.
To accommodate the approximately 700 students to be displaced from both schools, an expansion project is underway at John F. Kennedy Elementary School on Park Street.