25 Main Street E, Norwich, Ontario

$2,000,000

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10,276

Square feet

0.52

Acres

About 25 Main Street E

Looking for an investment with a return with a 7.5% cap rate? This property is operated as a retirement home with 20 beds, main floor kitchen plus an on-site residence for the owners, a car port , ample parking, and substantial upgrades over the past seven years, including a new elevator, fire suppression systems, windows, stand by generator, and much more. This is a building/land sale only. The tenant will sign a 5 year triple net lease with an extension option for a further 10 years. (id:6289)

Features of 25 Main Street E

Listing # 40567108
Price $2,000,000
Bathrooms 0.00
Square Footage 10,276
Acres 0.52
Type Office
Sub-Type Freehold

Community Information

Address 25 Main Street E
Subdivision Norwich Town
City Norwich
Province Ontario
Postal Code N0J1P0

Amenities

Utilities Electricity, Natural Gas, Telephone
Features Elevator, Paved driveway, Passenger elevator
Parking Spaces 10
Parking Attached Garage
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 2
Has Basement No

Exterior

Exterior Brick
Foundation Poured Concrete

Listing Details

OfficeRe/Max a-b Realty Ltd Brokerage

Listing Map

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