Preschool & Church on a 1.12 Acre Lot and 7,160 sqft Building

Milpitas, CA
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Cash Flow:$600,000
BUSINESS DESCRIPTION

Preschool | Day Care Business With Large Real Estate to Expand Capacity OR Lease

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

Call the listing agent to setup a tour

The property can also be leased with an option to buy in the future.


ATTACHED DOCUMENTS
Offering Memorandum.pdf Download

DETAILED INFORMATION
Location
Milpitas, CA
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
7,160
Growth & Expansion
Potential to expand to over 200 kids licensed capacity (buyer to verify) Potential to add more square footage on the large 1.12 acre land (buyer to verify) Potential to re-develop to mixed used OR residential - R1 zoning
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RAVI
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RAVI JAGTIANI