350 2nd St E - Day Care Center FOR SALE


North Vancouver, BC V7L 1C7
$9,500,000 CAD
604-640-5855
350 2nd St E, North Vancouver, BC for Sale
$9,500,000 CAD
Day Care Center - FOR SALE
1/4
null | 4.61% Cap Rate

350 2nd St E
North Vancouver, BC V7L 1C7


HIGHLIGHTS

  • Recently undergone $1 Million in extensive renovations
  • Experienced & licensed educators with infant, toddler and preschool programs in place
  • Spacious and safe facilities with a license to accommodate up to 77 children (wait list in place)
  • Nature-infused learning environment situated near public transportation options, encouraging convenient pick up and drop o for busy parents
  • Significant upside in market rents

OVERVIEW

Cushman & Wakefield presents an exclusive investment opportunity located at 350 East 2nd Street, North Vancouver, BC (the“Property). This exceptional oering consists of two distinct structures sitting on over half an acre (0.618 Acres) and spans an entire city block from north to south. Hamersley House is a heritage gem originally constructed in 1904 which underwent extensive renovations most recently in 2021, exceeding $1 million in costs to preserve the architectural and historical significance while adding modern amenities. Now fully leased to KinderBees Early Learning Centre in 2021, the Property comes with fully leased coach house and garage. Together, the Property compromises of approximately 9,859 SF surrounded by the serene beauty of mature trees adjacent to Emerald Park.

FOR SALE DETAILS

PRICE

$9,500,000 CAD

PRICE/SF

$964 CAD /SF

CAP RATE

4.61%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hamersley House

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1904

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

CD-427

APN/PARCEL ID

025-412-060

ASK ABOUT THIS PROPERTY

Matthew MacLeanCushman & WakefieldMore Info
604-640-5855

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Matthew MacLeanCushman & WakefieldMore Info
604-640-5855

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.