157 E Main Street, Norwich, NY 13815
sale
$497,500
|
Other
Courtesy Of Keller Williams Upstate New York Properties
Exceptional Investment Opportunity - Medical Office Building with NNN Lease. Turnkey commercial investment in the heart of Norwich, NY. This well-maintained brick Medical Arts Building is home to a highly respected and established healthcare provider/dermatology practice offering over 160 locations throughout nine US states. Triple Net Lease in place with 3 years remaining and a 5-year renewal option. Current rent is $5,000/month with a Capitalization Rate of 12.06%. High-visibility location with strong regional tenant brand recognition. Well-kept brick structure offering minimal owner responsibility. Property offers 30+ parking spaces and convenient ramped access to reception area and medical rooms. This is a rare chance to own a stabilized income-producing asset with a trusted medical tenant in an easily accessible location near the center of the City of Norwich. Ideal for investors seeking consistent cash flow with minimal overhead. Please refer to the attached interior 3D tour for a walkthrough of the interior main floor interior:
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Property Features
- Age: 31-40 Years Old
- Amenities: Disabled Access
- Building Units: 1
- Cooling System: Central Air
- Exterior Type: Brick
- Exterior Type: Frame
- Exterior Type: AtticCrawlHatchwaysInsulated
- Floor Covering: Vinyl
- Floor Covering: Linoleum
- Floor Covering: Carpet
- Floors: 2
- Heating System: Forced Air
- Heating System: Natural Gas
- MLSID: R1608091
- Parking Spaces: 31
- Roof Type: Asphalt
- Roof Type: Membrane
- Roof Type: Rubber
- Rooms: Basement
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