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Last Updated : 304 Days ago
25 MAIN St E, Norwich, Ontario,

25 MAIN St E, Norwich MLS Number: X10744430

Norwich, Oxford, ON, N0J 1P0

$2,000,000

Status: OFF MARKET

  • Property Type: Commercial (Sale Of Business)
  • Property Taxes : $13846.00 (Tax Year:2024)
  • Listing Courtesy : Re/max A-B Realty Ltd Brokerage

25 MAIN St E Property 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.

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25 MAIN St E Property Facts

Property Type :Commercial
MLS Number :X10744430
Listing Type :Sale
Possession Date :
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Last Updated :04 Feb, 2025 (304 Days ago)
Source :TRREB
Area :Oxford
Postal Code : N0J 1P0

25 MAIN St E Property Price & Tax Insights

Price : $2,000,000
Property Taxes :$13846.00
Tax Year :2024

25 MAIN St E, Norwich Property Details

Cross Street :From 401, south on Highway 59, east on Main Street in Norwich, north side of road.

25 MAIN St E, Norwich - Price History

2024-12

05 Dec, 2024

TREB #X10744430

Available

$2000000.0

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25 MAIN St E - Location Map and Landmarks

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