10276 sqft
$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. (id:16244)
Property Details
MLS® Number
|
40567108 |
Property Type
|
Office |
Communication Type
|
High Speed Internet |
Features
|
Elevator, Paved Driveway, Passenger Elevator |
Parking Space Total
|
10 |
Building
Basement Type
|
Full |
Exterior Finish
|
Brick |
Fire Protection
|
Alarm System |
Foundation Type
|
Poured Concrete |
Stories Total
|
2 |
Size Exterior
|
10276.0000 |
Size Interior
|
10276 Sqft |
Utility Water
|
Municipal Water |
Parking
Land
Access Type
|
Road Access, Highway Access |
Acreage
|
No |
Sewer
|
Municipal Sewage System |
Size Depth
|
171 Ft |
Size Frontage
|
131 Ft |
Size Irregular
|
0.519 |
Size Total
|
0.519 Ac|1/2 - 1.99 Acres |
Size Total Text
|
0.519 Ac|1/2 - 1.99 Acres |
Zoning Description
|
I-2 |
Utilities
Electricity
|
Available |
Natural Gas
|
Available |
Telephone
|
Available |
https://www.realtor.ca/real-estate/26721759/25-main-street-e-norwich