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)

Property DetailsKey information about 25 Main Street E

  • Stories: 2
  • Exterior Features: Brick
  • Building Area Total: 10276
  • Foundation Details: Poured Concrete

Interior FeaturesDiscover the interior design and amenities

  • Basement: Full
  • Living Area: 10276

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 25 Main Street E

  • Lot Features: Elevator, Paved driveway, Passenger elevator
  • Water Source: Municipal water
  • Lot Size Units: acres
  • Parking Total: 10
  • Parking Features: Attached Garage
  • Lot Size Dimensions: 0.519

Location & CommunityUnderstand the neighborhood and community

  • Directions: From 401, south on Highway 59, east on Main Street in Norwich, north side of road.
  • Common Interest: Freehold
  • Street Dir Suffix: East
  • Subdivision Name: Norwich Town

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system
  • Utilities: Natural Gas, Electricity, Telephone

Tax & Legal InformationGet tax and legal details applicable to 25 Main Street E

  • Tax Annual Amount: 13846
  • Zoning Description: I-2

Additional FeaturesExplore extra features and benefits

  • Security Features: Alarm system
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More Details?
Marius Kerkhoff
  • Marius Kerkhoff
  • Re/Max a-b Realty Ltd Brokerage
  • 519-532-3995

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