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Prime investment opportunity. This building is currently operating as a church, daycare, and private school facility. School faculty is able to stay if the buyer would like to continue to run it with the current staff in place. This acreage is a prime location with frontage on two roadways, one being C. H. James Pkwy. traffic light in place, high traffic count, 20,000+, the property also has 1,500ft of frontage on the Silver Comet trail. Perfect location for a Quick Trip shopping center or condo/apartment high rise. Currently zoned as residential with special use for church. Multiple buildings on the property are modular and could be sold and moved. Private schools can hold up to 500 students. Industrial kitchen equipment in the school cafeteria and gymnasium. The gymnasium had a brand-new floor installed last year. The current Cap rate of 7.5% is solely based on the current enrollment in the school and daycare, not the church income. Current private school enrollment is less than half of the maximum capacity leaving potential for growth.
| 2 months ago | Status changed to Pending | |
| 2 months ago | Listing updated with changes from the MLS® | |
| 3 months ago | Price changed to $7,500,000 | |
| 4 months ago | Listing first seen on site |
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