25 Main Street E, Norwich
- Living area: 10276 square feet
- Type: Commercial
- Added: 230 days ago
- Updated: 16 days ago
- Last Checked: 10 hours ago
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:1945)
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Nearby Listings Stat
Active listings
38
Min Price
$285,000
Max Price
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Avg Price
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Days on Market
76 days
Sold listings
11
Min Sold Price
$485,000
Max Sold Price
$1,249,800
Avg Sold Price
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Days until Sold
39 days