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932 South Ave W 9,000 SF 100% Leased Retail Building Westfield, NJ 07090 $4,073,999 CAD ($452.67 CAD/SF)
Investment Highlights
- Turn-key day care
Executive Summary
Well-located commercial property currently operating as a fully functional daycare facility, offering flexible acquisition options for both investors and owner-users. The property can be delivered with the existing daycare tenant in place, providing immediate in-place income, or vacant at closing for an end-user seeking to occupy the space.
The existing daycare business may also be made available for sale, presenting a turnkey opportunity for an operator looking to step into an established location.
The building is well-suited for continued childcare use or can be adapted for a variety of retail, medical, or professional uses, subject to zoning.
This is a unique opportunity to acquire a stabilized investment, owner-user property, or business in one transaction.
The existing daycare business may also be made available for sale, presenting a turnkey opportunity for an operator looking to step into an established location.
The building is well-suited for continued childcare use or can be adapted for a variety of retail, medical, or professional uses, subject to zoning.
This is a unique opportunity to acquire a stabilized investment, owner-user property, or business in one transaction.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
9,000 SF
Building Class
C
Year Built
1989
Price
$4,073,999 CAD
Price Per SF
$452.67 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.45
Lot Size
0.46 AC
Zoning
GB-3 - Retail, Office, Medical, Residential, Day Care, Health Services
Parking
23 Spaces (2.56 Spaces per 1,000 SF Leased)
Frontage
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 20-02606-0000-00014 | Improvements Assessment | $1,834,957 CAD |
| Land Assessment | $664,223 CAD | Total Assessment | $2,499,181 CAD |
Property Taxes
Parcel Number
20-02606-0000-00014
Land Assessment
$664,223 CAD
Improvements Assessment
$1,834,957 CAD
Total Assessment
$2,499,181 CAD
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932 South Ave W
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