25 Main St E - Specialty FOR SALE


Norwich, ON N0J 1P0
$2,000,000 CAD
519-273-2821

NO PHOTO

$2,000,000 CAD
Specialty - FOR SALE
null | Request Cap Rate

25 Main St E
Norwich, ON N0J 1P0


HIGHLIGHTS

  • Investment with a return
  • This property is operated as a retirement home
  • New elevator

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,000,000 CAD

PRICE/SF

$195 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

I-2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Marius KerkhoffRemax A-B Realty LtdMore Info
519-273-2821

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Marius KerkhoffRemax A-B Realty LtdMore Info
519-273-2821

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.