Added 8 months ago
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Type: Sale Of Business
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Property Type: Commercial
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Zoning: I-2
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Age: No Data
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Taxes: 13846
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MLS®#: X10744430
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Days on Site: 241 Days
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Added: Apr 08, 2024 (8 months ago)
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Updated:
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Last Checked: 1 hour ago
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Listed By: Re/Max a-b Realty Ltd Brokerage
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.
Property
Status: Sale
Property Type: Sale Of Business
Property Type: With Property
Area: Norwich
Availability Date: Flexible
Assessment Year: 2016
Building
Basement: Y
Elevator: Public
UFFI: No
Water Supply: Municipal
Parking
Garage Type: Attached
Covered Parking Spaces: 8
Fees
Tax Year: 2024
Tax Legal Description: LT 526 - 528PL745: Norwich
Taxes: $13,846
Land
Cross Street: From 401, south on H
Municipality District: Norwich
Parcel Number: 000650039
Sewer: Sewers
Lot Depth: 171.1 Acres
Lot Frontage: 130.88 Acres
Zoning: I-2
Commercial Specific
Total Area: 10276
Total Area Metric: Sq Ft
Our Lady of Fatima School
Elementary: CatholicTeeterville Public School
Elementary: PublicCourtland Public School
Elementary: PublicEast Oxford Public School
Elementary: PublicDelhi Public School
Elementary: PublicEmily Stowe Public School
Elementary: PublicSt Don Bosco Catholic Secondary School
Secondary: CatholicÉcole secondaire catholique École secondaire Notre-Dame
Secondary: CatholicDelhi District Secondary School
Secondary: PublicSt Mary's High School
Secondary: CatholicCollege Avenue Secondary School
Secondary: PublicGlendale High School
Secondary: Public
