$2,000,000
( $194.63Per Sq Foot )
$10,736 est/mo Sourced by Back At You25 Main Street E,Norwich, ON N0J1P0
Norwich, ON N0J1P0
Description
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:13843)
Details
| MLS # | 40567108 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 462 |
| Listing Provided By | Re/Max a-b Realty Ltd Brokerage | Marius Kerkhoff |
Features
| SQ Feet | 10,276 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Zoning | I-2 |
| Acreage | 0.52 |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Norwich |
| Postal Code | N0J1P0 |
| Community Name | Norwich Town |
| Listing VS Median (in Norwich Town) | |
Price: $2,000,000 low | high Med: $669,900 SqFt: 10,276 low | high Med: 1,404 $ / SqFt: $195 low | high Med: $480 On site: 462 low | high Med: 155.000000 | |
Listing Updated: December 24, 2024 at 9:37:19 PM PST
