East Bay Day Care

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30288559
Property Subtypes: Day Care Facility, Free-Standing Building
Status: Pending
Building Size (RSF): 2,800 SF
Gross Land Area: 0.46 Acres
Sale Price: $499,000
Unit Price: $178.21 PSF
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/30/2018

Overview / Comments

Well established East Bay Preschool/Daycare facility that has operated under the same family ownership for 3 decades. This facility has attained and maintained a level 4 ranking by "BrightStars" demonstrating a consistent level of excellence in providing high quality child care. Fully staffed and licensed, this is the perfect business opportunity for the right individual/couple seeking to enter the highly rewarding field of child care. There are multiple avenues to increase revenue and profitability.
This unique business opportunity includes the acquisition of the real estate valued at $365,000.

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $7,131 (Annual)
Tax Value Land $125,600
Tax Value Improvements $163,800
Assessed Value - Total($) $289,400 (Annual)

Additional Details

Nearest MSA: Providence-Warwick
County: Bristol
Taxing Authority: East Providence
Zoning: R5
Retail Clientele: General, Family
Property Visibility: Excellent
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1981
Year Renovated: 2004
Roof Type: Arched
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,118 125,644 393,233
Median Age: 40 35.2 35.6
Households: 6,883 48,796 149,420

Contact

Photograph of Listing Agent

Jim Conway

Conway Commercial Group of WR Commercial
ECCPN Member
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