Photo Gallery
$497,500
0
Beds
0
Baths
5,480
Sqft
157 E Main Street, Norwich, New York, 13815
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MLS# R1608091
Exceptional Investment Opportunity - Medical Office Building
$497,500
157 E Main Street, Norwich, New York, 13815
0
Beds
0
Baths
5,480
Sqft
0.560
Acres
$497,500
157 E Main Street, Norwich, New York, 13815
0 Beds
0 Baths
5,480 Sqft
0.560 Acres
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:
77 days
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Accessibility Features
Accessible Approach with Ramp
Property Details
0 Beds
0 Baths
5,480 Sqft
Built 1988
0.560 Acres
No Patio
Paved or Surfaced, Fenced
Natural Gas, Forced Air
Siding : AtticCrawlHatchwaysInsulated, Brick, Frame
Membrane, Asphalt, Rubber Roof
$14,431 Property Tax
Olendorf Tr Community
Chenango County
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Location
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Ad Statistics
Ad Number
7032954
Viewed
17 times
Added
Nov 17, 2025
Updated on
Nov 17, 2025
Listing Information
Data Source
New York State Alliance of MLSs, LLC
Source Property ID
R1608091
Compliance
Listing Agent: Kevin D. Walsh, Keller Williams Upstate New York Properties, 607-226-8880, 607-336-3636, Listing Status: Active
Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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