Moores Hill School Redevelopment 14733 Main St 50,254 SF Vacant Flex Building Moores Hill, IN 47032 $931,777 CAD ($18.54 CAD/SF)

The Town of Moores Hill, Indiana, invites proposals from qualified developers for the adaptive reuse of the former Moores Hill School building and surrounding acreage, a key property positioned to catalyze the revitalization of the Town’s historic core. The Town seeks a development partner to transform the currently vacant facility into a mixed-use residential and community space that aligns with Moores Hill’s long-term planning objectives as outlined in the Moores Hill Comprehensive Plan (2025, www.planmooreshill.com). Surrounding greenfield acreage may be developed into a building expansion or construction of a separate single-story or multi-story housing building.
The Town is considering sale of the property to a for-profit entity at an offering price of $667,500, the average of two fair market value appraisals completed in 2025. Placing the property in private, for-profit ownership would be ideal to help generate new local property tax revenue for the Town and allow for incentives such as discounted sale price, tax increment finance (TIF), or tax abatement for building improvements.
Strong consideration will be given to proposals that incorporate senior or affordable housing and a community center component while supporting economic growth and quality of life enhancements for local residents.
Restricted (prohibited) uses of the property include education such as private school or charter school or child care.

Historical & Environmental Considerations
• A Phase 1 environmental assessment has been completed. This report is available upon request.
• The building is not historically designated, though it is located near the historic Moores Hill Carnegie Hall, the original home of what is today University of Evansville.

Site Tours and Access
Town of Moores Hill staff will facilitate site tours and access to the building for due diligence as requested through the proposal deadline. To arrange for a site tour, contact One Dearborn Economic Development.