From 401, south on Highway 59, east on Main Street in Norwich, north side of road. 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. The tenant will sign a 5 year triple net lease with an extension option for a further 10 years. (id:27476)
