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Oxford,ON N0J 1P0
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Pending
Purchase Type For Sale
Square Footage 10,276 sqft
Price per Sqft $194
MLS Listing ID X10744430
Annual Tax Amount $13,846
Tax Year 2024
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.
Location
Province ON
County Oxford
Area Oxford
Zoning I-2
Rooms
Kitchen 0
Interior
Cooling Unknown
Exterior
Parking Features Other
Garage Spaces 10.0
Utilities Available Unknown
Roof Type Unknown
Exposure South
Building
Foundation Block,Poured Concrete
New Construction false