200 N Abbott Ave
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200 N Abbott Ave
7,160 SF Specialty Building Offered at $6,500,000 in Milpitas, CA 95035
Investment Highlights
- Excellent location, next to elementary school and high density residential and commercial neighborhood
- Multiple uses - preschool expansion, re-development to mixed used residential, church, religious facility, banquets etc
Executive Summary
2,904 sq ft being used as a preschool licensed for 68 kids
4,260 sq ft being used by the Church
The entire 7,160 sq ft can be potentially used as a preschool with over 200 kids capacity with potential to add more sqft(buyer to verify from the city and licensing)
Also, potential for redevelopment to residential housing or mixed used (buyer to verify from the city). Zoning - R1
Other potential uses - Church/religious facility, Banquets(buyer to verify) Land use - Religious
Excellent location, next to elementary school and high density residential and commercial neighborhood
40 car parking spaces available during the week
120 car parking spaces available during the weekend (leased from the next door elementary school)
Large play area
The entire property is being sold along with the existing preschool business
Tours are being held between 2 pm to 4 pm on Saturday September 23rd. Call / Text / Email the listing agent if you plan to attend.
4,260 sq ft being used by the Church
The entire 7,160 sq ft can be potentially used as a preschool with over 200 kids capacity with potential to add more sqft(buyer to verify from the city and licensing)
Also, potential for redevelopment to residential housing or mixed used (buyer to verify from the city). Zoning - R1
Other potential uses - Church/religious facility, Banquets(buyer to verify) Land use - Religious
Excellent location, next to elementary school and high density residential and commercial neighborhood
40 car parking spaces available during the week
120 car parking spaces available during the weekend (leased from the next door elementary school)
Large play area
The entire property is being sold along with the existing preschool business
Tours are being held between 2 pm to 4 pm on Saturday September 23rd. Call / Text / Email the listing agent if you plan to attend.
Property Facts
| Price | $6,500,000 | Lot Size | 1.12 AC |
| Price Per SF | $908 | Building Size | 7,160 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1990 |
| Property Subtype | Religious Facility | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.4/1,000 SF |
| Price | $6,500,000 |
| Price Per SF | $908 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 1.12 AC |
| Building Size | 7,160 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Tenancy | Single |
| Parking Ratio | 1.4/1,000 SF |
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Walk Score ®
Very Walkable (78)
Bike Score ®
Very Bikeable (72)
PROPERTY TAXES
| Parcel Number | 022-22-072 | Improvements Assessment | $1,089,331 |
| Land Assessment | $1,550,870 | Total Assessment | $2,640,201 |
PROPERTY TAXES
Parcel Number
022-22-072
Land Assessment
$1,550,870
Improvements Assessment
$1,089,331
Total Assessment
$2,640,201
zoning
| Zoning Code | R1 |
| R1 |
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200 N Abbott Ave
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