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25 Main Street E, Norwich, ON, N0J 1P0

MLS® # 40567108
Commercial For Sale In Norwich, Ontario
$2,000,000
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
25 Main Street E, Norwich, ON
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ACTIVE
25 Main Street E, Norwich, ON, N0J 1P0
$2,000,000

Property Information:

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 Features:

  • Bedrooms: 0
  • Acres Range:
  • Basement: Full
  • Construction Materials: Brick
  • Floor Space (approx): 10276 Square Feet
  • Interior Features: High Speed Internet
  • Lot Depth: 171.1 Feet
  • Lot Features: Ample Parking, Highway Access
  • Lot Frontage: 130.88 Feet
  • Parking Features: Attached Garage, Asphalt
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Security Features: Alarm System, Carbon Monoxide Detector(s)
  • Utilities: Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Street Lights, Phone Connected
  • Water Source: Municipal
  • Water Treatment:
  • Zoning: I-2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 10

Courtesy of: Re/Max a-b Realty Ltd Brokerage

Data provided by: Woodstock-Ingersoll & District Real Estate Board 65-6 Springbank Ave. N., Woodstock, Ontario N4S 8V8
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 25 Main Street E, Norwich, ON, N0J 1P0

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

35 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

13 storms expected in 2050

Projected Heat Risk: Moderate

35 hot days expected in 2050

55/100

Moderate

ClimateCheck®

Current data

This property, 25 Main Street E, experiences 7 hot days per year at around 31.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 35 hot days at 34.6 degrees Celsius.

Projected Avg. Temperature

Past
31.1℃
2050
34.6℃

# Hot Days Per Year

Past
7
2050
35

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

13 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 25 Main Street E, experiences 11 significant 2-day storms per year, with about 326.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 402.8mm of precipitation per year.

Precipitation Per Storm

Past
326.8mm
2050
402.8mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 25 Main Street E, Norwich, ON, N0J 1P0

Life Stage

Older Parents, Younger Kids

Employment Type

Blue Collar/Primary

Average Household Income

$115,222.38

Average Number of Children

2.08

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.3 %

High school certificate or equivalent

40.56 %

Apprenticeship trade certificate/diploma

5.4 %

College/non-university certificate

26.57 %

University certificate (below bachelor)

1.71 %

University Degree

6.46 %

Commuter

Travel To Work

By Car

92.6 %

By Public Transit

0.0 %

By Walking

5.87 %

By Bicycle

0.0 %

By Other Methods

1.53 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

8.43 %

Houses

91.57 %

Own Vs. Rent

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