This full-building Community Facility property offers stable rental income potential, low holding costs, and excellent future upside.
Property Overview
• Location: Prime location near Northern Blvd
• Lot Size: 50 x 150 ft
• Parking: 5 parking spaces + wide private driveway
• Features: Elevator
• Previous Use: Daycare Center
Building Layout & Current Rental Status
• First Floor: Approx. 3,000 SF with 18-ft high ceilings and separate entrance — Currently leased
• Second Floor: Approx. 700 SF with balcony and separate entrance — Currently leased
• Basement: Approx. 3,500 SF with 10-ft high ceilings and separate entrance — Available for lease at $6,800/month
Development / Expansion Potential (Key Highlight)
• The first floor features 18-ft ceiling heights, allowing the possibility to add an additional floor above
• Electrical infrastructure and major structural beams have already been pre-installed
• The rooftop also offers approximately 1,500 SF of additional usable space for future expansion or development
Ideal Uses
• Daycare Center
• Senior Activity Center
• After-School Program
• Long-Term Investment Hold
The basement level is also suitable for the above uses, offering a spacious layout with its own separate entrance.