Ownership of the old Caneyville school is set to change hands.

The Grayson County Board of Education voted at a specially-called meeting on Thursday to sell the nostalgic brick structure, a piece of local history, to the city of Caneyville.

The old school, along with approximately 10 acres of land, will be sold for it’s appraised value of $55,000, according to the board.

The vote was enthusiastically unanimous, and the board explained that it is in the best interest of the residents of Grayson County to sell the aging structure.

“We’ve quit having a need for it,” Superintendent Barry Anderson said, “and it’s hard to justify keeping it.”

Anderson explained that the sale will save the board of education a good deal of money, primarily on the insurance that they were required to keep on the building.

Caneyville Commissioner Scott Majors said on Friday that “nothing will really be different or changing immediately.”

He said that the building will be used at the upcoming fair as usual, and once that has wrapped up, the city will consider what to do next.

“We just mainly want to see the building not torn down and get it back in decent shape again,” Majors said.

“As far as what we plan to do with it, specifically, I don’t know. We just want to try to refurbish the building. It’s getting in bad shape.”

Majors tossed around the idea of a museum to house trophies and photos, a restructuring into office space or even living space, or potentially “a community center type place that people can come in and meet and have gatherings.”

“A lot of other ideas have been kicked around,” he said, “the building’s got a lot of space.”

The school, which was erected in 1928, served as a high school until 1974, then as an elementary school until the school board built a new Clarkson Elementary less than a decade ago.

When the new elementary school was opened, the older structure was repurposed and used for alternative education and community education; however, with the beginning of the 2012-13 school year, the alternative education program was moved to the high school.

Now the 84-year-old building is being given the chance to start yet another chapter in it’s long, memory-laden life.

“We’re glad the city is buying it. There are a lot of memories there, a lot of nostalgia attached to it,” said Board Chair Carolyn Thomason.