1129 Route 169Woodstock, CT 06281

Property Details for 1129 Route 169

Year built

1900

Construction

FRAME

Lot size

3.00 AC

Property size (Sq ft)

9,425 SF

Property type

Other commercial real estate

Property subtype

Showrooms

APN

WSTK M:5167 B:26 L:07

APU

WSTKM5167B26L07

Description

This exceptional investment opportunity presents a fully licensed daycare center in Woodstock, CT, ideally situated on a 3-acre lot. The 9,425 square foot facility boasts a remarkable capacity for 128 children, catering to the growing demand for childcare in the charming rural community. Its strategic partnership with Woodstock Elementary School further enhances its appeal, offering before and after-school care for up to 50 children, providing a seamless transition for families. The center's serene setting, amidst rolling hills, offers ample space for outdoor activities, creating a nurturing environment for children's development. Inside, the spacious layout includes well-appointed classrooms, play areas, and restrooms, all designed to meet the needs of young children. Adding to the property's value is a separate 1,300 square foot, three-bedroom apartment, offering potential for additional income or on-site management. Priced at $1,450,000, this turnkey operation presents a rare chance to acquire a thriving, established daycare center in a highly desirable location. The property's size, amenities, and established reputation make it an attractive investment for those seeking a rewarding venture in the childcare industry. This is a unique opportunity to own a successful and well-regarded business in a picturesque setting.

• CAP approach

  CAP return

  Valuation

  6%

  $2,290,604

  6.5%

  $2,114,404

  7%

  $1,963,375

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,103,306

  Geo Method

  $3,103,306

• Alternative Use

  Use

  Valuation

  Residential

  $1,783,579

  Hospitality

  $1,633,748

  Educational

  $1,359,260

  Medical

  $1,406,006

  Retail

  $2,114,404

Location Insight

City

Woodstock

County

Windham

State

Connecticut

Latitude

41.9851

Longitude

-71.9951

CBSA code

49340

CBSA name

WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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