Stunning opportunity rich in history near down town Carlton- walkable to wine tasting, great food & charming shops. Currently covered by a mid century apartment conversion, Originally built in 1907 as the Carltons school house- Amazing features all tucked away include brick construction, wood floors, soaring ceilings, and large arched window frames. This Multi-unit building and large near 3/4 acre lot offer options for remodel or redevelopment- Think boutique hotel, loft apartments, event venue- options abound! OR vacate non used alleyway and develop land to homes. Some renovation bids collected, Two different hotel plan pricing sets available with acceptable offer. Building consists of 15570 Gross SF Basement @ 5330SF 1st level @ 5078SF 2nd level @ 5162SF.