25 MAIN Street E

Norwich, Ontario, N0J1P0, Canada

$2,000,000

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.

EXTRAS: Elevator, Paved driveway, Passenger elevator

Last updated on : Friday 8th of November 2024 10:50:52 AM

ADDRESS

Street : 25 MAIN Street E

City : Norwich

Province : Ontario

Country : Canada

Postal Code : N0J1P0

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PROPERTY SUMMARY

Property ID : 40567108

Property Type : Office

Parking : 10

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