Loading…
Friday, September 19, 2014
Current Weather
Loading Current Weather....
Published: Monday, 6/24/2013

Bedford Schools administration property appraised for $500,000

BLADE STAFF

Bedford Schools district administration building and land at 1623 W. Sterns Rd. have a market value of about $500,000, a commercial real estate broker reported to interim Superintendent Jon White.

Mr. White, who steps down July 1, requested the estimate from the Reichle/​Klein Group, which said the property is best suited for retail-office mixed use.

Mr. White obtained the appraisal in case Mark Kleinhans, the incoming superintendent, urges the board of education to put the property on the market and move administrative offices into a former school building.

Proceeds from a sale could help close the district’s operating deficit and eliminate the need for some cuts planned in services and programs.



Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Related stories