Day Care Business Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30335270
Property Subtypes: Day Care Facility
Building Size (RSF): 926 SF
Gross Land Area: 0.93 Acres
Sale Price: $169,000
Unit Price: $182.51 PSF
Ceiling: 9 ft.
Property Use Type: Business
Building Name: Kidds World Day Care
Usable Size (USF): 926 SF
Sale Terms: Cash to Seller
Auction License Number: N/A
Cap Rate: Undisclosed
Average Occupancy Rate: 965
Last Updated: 10/10/2018

Overview / Comments

After 19 years, the owners are retiring after management of a very efficiently designed facility for up to a capacity of 24 children. Operation of this business: 7:30 a.m. to 5:30 p.m., The business services included 6 weeks to 5 years of age.with childcare assistance available.

This is a residential property that was converted to the daycare business. There is an office, a library, learning labs, play areas, sleep areas for infants, etc. It is fully equipped to provide daycare services for kids ages 6 weeks to 5 years of age.

This is a turn key business.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton
Tax ID/APN: 137O B 001
Zoning: R1
Retail Clientele: Business
Property Located Between: Wilcox Blvd & Lightfoot Mill Road
Property Visibility: Excellent
Largest Nearby Street: Wilcox Blvd
Feet of Frontage: 90
Highway Access: Hwy 58 ( 3 Mi_, Hwy 153 (3.0 Mi), I-24 (5.0 mi),
Airports: Lovel Field
Site Description: Property includes 8 separate rooms for child care use. With a capacity of 24 children, the limit was reduced to 13 children over the past 3 years.
Area Description: Quiet residential area surrounded by homeowners who show pride of ownership in their property. The lat for this property is almost an acrea.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 926 SF
Property Condition: Excellent
Year Built: 1940
Year Renovated: 2005
Construction/Siding: Vinyl Siding
Exterior Description: Single level residential home converted to business use. It has vinyl siding, .There is also a large fenced in area used as a playground. It has a deck on the back. This is a well maintained facility.
Parking Type: Surface, Other
Parking Description: Paved, directional circular driveway, parking on the side of the facility and in the back. Part of this parking area is paved.
Heat Type: Electricity
Heat Source: Central, Heat Pump
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Level lot that is wooded in the back. The lot is approx. .93 of an acre.
Zoning Description: R1 with a special variance to allow the daycare. New owners will need to reapply.
Lot Frontage: 90
Lot Depth: 480
Water Service: Municipal
Sewer Type: Municipal
Easements Description: N/A
Land Ownership: Owned
Legal Description: Ne 1/4 Sec 13 Twp 2 R4 W

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,446 60,985 156,895
Median Age: 42.95 36.54 37.17
Households: 2,620 25,067 66,965

Contact

Photograph of Listing Agent

Lora M Dawson

Crye-Leike, REALTORS Greater Chattanooga REALTORS® Member
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