Lawrence Purchases Former Bank Building in Downtown Appleton

North-Shore-Bank_newsblog
Lawrence recently completed a purchase of the former North Shore Bank building at 320 E. College Ave. in downtown Appleton.

A long-empty building on the east end of downtown Appleton has been acquired by Lawrence University.

The college recently closed on the former North Shore Bank building, 320 E. College Ave. The 10,800-square-foot, two-story office building with 56 parking spaces behind it, has been vacant for nearly three years. The purchase price was $284,000.

Given the building’s proximity to Lawrence’s main campus, administrators felt the building provided a good opportunity to add space, although specific uses for the building are still being discussed.

“Lawrence is committed to helping maintain a vibrant downtown in Appleton. We’re excited about this property and its possibilities,” said Jake Woodford, assistant to President Mark Burstein. “We are still in the process of exploring the best ways to use the building long-term, but in the immediate term, we look forward to making use of the additional parking space it provides the campus.”

The building sits directly across the street from a second property Lawrence owns in the downtown business district. That building, located at 313 and 319 E. College Ave. between Taste of Thai restaurant and Serenity Candles, has been used as administrative or faculty offices since the early 1990s.

About Lawrence University
Founded in 1847, Lawrence University uniquely integrates a college of liberal arts and sciences with a nationally recognized conservatory of music, both devoted exclusively to undergraduate education. It was selected for inclusion in the Fiske Guide to Colleges 2014 and the book “Colleges That Change Lives: 40 Schools That Will Change the Way You Think About College.” Individualized learning, the development of multiple interests and community engagement are central to the Lawrence experience. Lawrence draws its 1,500 students from nearly every state and more than 50 countries.