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81&85 Cleremont DriveFredericksburg, VA 22405Price: $1,850,000

  • Price: $1,850,000
  • 48 Days on Market
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Federal 30-year interest rate: 7.02% last updated on May 16, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,850,000List Price
  • 1.32Acreage

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Situated in the burgeoning locale of Fredericksburg, VA, this offering presents a compelling investment prospect in the childcare sector. Comprising two buildings spread across 1.32 acres of land, the daycare facility boasts ample space and infrastructure to accommodate 112 students. The main building spans 3450 sqft, while the 2nd building provides 2,160 sq ft of space, ensuring sufficient capacity to meet the needs of a growing community. There are 30 dedicated parking spots, with room to add more. Both buildings have been renovated in the last 5 years. Currently operating as a daycare with an enrollment of approximately 70 students, the daycare demonstrates a stable cash flow and operational efficiency, supported by a team of 13 dedicated staff members. Moreover, the property benefits from its proximity to Weis Market, serving as a shadow anchor and enhancing visibility and potential foot traffic. With the local population projected to grow by 3%, there exists significant potential for enrollment expansion and increased demand for childcare services in this rapidly developing area.

Property Details of 81&85 Cleremont Drive

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Listed by Khaled Al hajbeh of Samson Properties

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