Unique Property with Endless Possibilities! Located at 344 S. Elm in Ponca City, this one-of-a-kind property offers approximately 12 ,740 square feet on 1.5 acres. Originally built around 1940, the building previously served as a school and later as a daycare before becoming vacant for a period of time. The property is now being used as a residence and is serviced by residential utilities. Extended Remarks Inside, you'll find 12 rooms, including two living areas with fireplaces, multiple separate rooms, a utility room, two multi-stall restroom areas, and an additional half bath near the front entrance. One restroom area features three toilets, three sinks, and a shower, while the second features four toilets and three sinks. Several rooms, including the former kitchen area, are not currently functional and offer opportunities for renovation and reconfiguration. Outside, the fenced acreage and large parking lot add to the property's versatility. Currently zoned commercial, this distinctive property offers a variety of possibilities for a buyer with vision, whether you're considering an expansive residence, an investment property, a potential multifamily conversion, or another use permitted by applicable zoning and building requirements. With its generous square footage, unique history, and sizeable lot, this property is ready for someone to explore its potential and bring new life to the space. Buyers are encouraged to verify permitted uses and any necessary approvals with the appropriate authorities. Property is selling as-is.