Current Use by Public Records
- Day care centers
Property Details for 001 Tulane Rd
- Year built
- 1940
- Property type
- Day care centers
- Property subtype
- Retail properties & Spaces
Description
This exceptional turnkey child care center presents a rare opportunity to acquire a thriving business and valuable real estate in a prime San Mateo location. The property, situated on a 7,200 square foot lot, boasts a 2,740 square foot, three-story building, meticulously maintained and renovated in 2002. The center holds a single license permitting a capacity of 44 children, with a typical enrollment of 62 (full and part-time). Nestled in a desirable residential area, this well-established center enjoys a high-end clientele and benefits from its strong reputation within the community—requiring zero advertising. The property features two gated playground areas with newer structures, storage sheds, and equipment. Built in 1940, the building is in pristine condition, offering a timeless aesthetic. The asking price of $3,499,000 reflects a price per square foot of $1,277.01. This profitable business offers significant upside potential through increased tuition rates and enrollment expansion. The sale includes both the business and the real estate. Serious inquiries only. Please note: Do not disturb employees, owner, or clientele. Per seller's request, do not discuss the transaction.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Mateo
- County
- San Mateo
- State
- California
- Longitude
- -122.335
- Latitude
- 37.5536
