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725 Gibralter St 26,000 SF 100% Leased Flex Building Norfolk, ON N4B 3B3 $2,793,856 USD ($107.46 USD/SF)
EXECUTIVE SUMMARY
Rare Opportunity to Purchase an existing large Institutional building in Delhi, ON. Formerly operated as a full service Retirement Residence. Existing building in approx. 26,000 SF over two levels & basement area. Currently, 53 resident rooms. All rooms have individual heat source & 3 piece bath. Located in Delhi, ON, which is in close proximity to several other major cities & municipalities: London, Woodstock, St. Thomas, Tillsonburg & just a short distance to Toronto, Brantford, Kitchener / Waterloo etc. The existing Institutionally zoned property allows for several different uses: Retirement Home, Long Term Care Facility, Church (Place of Worship), Training / Rehabilitation Centre, Community Centre. Building Purpose Built in 1989/1990. Site Area: Approx. 0.935 acres. Several recent upgrades to the building.
Full Commercial Kitchen, Gas Forced Air HVAC, Backup/standby Generator, Sprinklers, on demand hot water heater system, LED lighting.
Full Commercial Kitchen, Gas Forced Air HVAC, Backup/standby Generator, Sprinklers, on demand hot water heater system, LED lighting.
PROPERTY FACTS
| Price | $2,793,856 USD | Rentable Building Area | 26,000 SF |
| Price Per SF | $107.46 USD | No. Stories | 2 |
| Sale Type | Investment | Year Built | 1989 |
| Property Type | Flex | Parking Ratio | 0.62/1,000 SF |
| Lot Size | 0.94 AC | ||
| Zoning | IC(H) & CSIC(H) - Community Institutional - The existing Institutionally zoned property allows for several different uses: Retirement Home, Long Term Care Facility, Chu | ||
| Price | $2,793,856 USD |
| Price Per SF | $107.46 USD |
| Sale Type | Investment |
| Property Type | Flex |
| Lot Size | 0.94 AC |
| Rentable Building Area | 26,000 SF |
| No. Stories | 2 |
| Year Built | 1989 |
| Parking Ratio | 0.62/1,000 SF |
| Zoning | IC(H) & CSIC(H) - Community Institutional - The existing Institutionally zoned property allows for several different uses: Retirement Home, Long Term Care Facility, Chu |
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
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725 Gibralter St
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