The 4,000-square-foot structure, now a printing press, can be converted...

The 4,000-square-foot structure, now a printing press, can be converted to residential use. Credit: Stephen Amiaga

The Academy, a historic former one-room schoolhouse on nearly half an acre that serves as a printing business in Southold, is on the market for $1.295 million. The annual property taxes are $7,757.

Built in 1867, the 4,000-square-foot structure with a maroon facade has an esteemed presence on Hortons Lane, with a spire and windows that are 13 feet tall. The building is two stories with two half-bathrooms, and has original features, including wainscoting.

“The architect wanted to design a one-room schoolhouse that was warm in winter, cool in summer and filled with an abundance of fresh air and natural light,” said Andrea Aurichio of Aurichio & Smith Real Estate, who is listing the property.

The building has been home to Academy Printing Enterprises since...

The building has been home to Academy Printing Enterprises since 1949. Credit: Stephen Amiaga

According to Town of Southold Historian Amy Folk, from 1867 to 1902, when a high school opened in Southold, The Academy offered classes for students 12 and up interested in attending college, since school at that time ended at about sixth grade. It became a business school in 1907.

In 1949, Jim Smiley bought the building and turned it into Academy Printing Enterprises, selling it to Ken Hagerman two decades later, according to historical records.

His son, Michael Hagerman, is the current owner and runs it with his wife, Rita, printing the Peconic Bay Shopper along with business cards, invitations and more.

The building has been home to Academy Printing since 1949.

The building has been home to Academy Printing since 1949. Credit: Stephen Amiaga

“We’re both 71 years old and looking to retire,” said Michael. “Simple as that.”

The property, which is in the Southold Union Free School District, has multiuse zoning, including for single or multifamily use, Aurichio said. “It’s not unusual for people to buy old schoolhouses or churches and repurpose them into houses,” she said.

The structure sits on nearly half an acre.

The structure sits on nearly half an acre. Credit: Stephen Amiaga

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