$497,500
About this home
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: https://bit.ly/Tour157EastMainStHere
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.
- Real estate (PITI + HOA + PMI)
- $5,257
- Utilities
- $2,893
- Transportation
- $0
- Other (entertainment)
- $143
Quick facts
At a glance
Home features
Lot features
Rectangular, RectangularLot
Neighborhood — 13815
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 10,032 | 19,351,094 | 299,088,112 |
| Population Change Since1990 | -8.00% | 8.00% | 20.00% |
| Population Density | 91 | 395 | — |
| Male | 4,600 | 9,381,926 | 147,432,321 |
| Female | 5,431 | 9,969,168 | 151,655,844 |
| Never Married | 2,108 | 4,946,391 | 63,775,926 |
| Married | 3,691 | 7,166,701 | 123,120,365 |
| Separated | 607 | 1,159,673 | 12,639,686 |
| Widowed | 914 | 1,110,245 | 15,467,586 |
| Divorced | 972 | 1,210,448 | 23,075,029 |
| Number Of House Hold | 3,873 | 7,102,016 | 111,826,380 |
| Average House Hold Size | 2.43 | 2.64 | 2.60 |
| Medial Age | 39.55 | 36.53 | 35.46 |
| Median House Hold Income | $33,735 | $49,847 | $48,276 |
| Average House Hold Income | $48,728 | $70,032 | $63,629 |
| P C I | $20,017 | $26,569 | $24,529 |
| M D I | $29,853 | $42,210 | $41,133 |
| A T H E | $42,898 | $54,185 | $50,898 |
| S T R | 8.00% | 4.00% | — |
| W C J | 85.30% | 81.55% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
Open in Google Maps →Listing information last refreshed 6/2/2025. Provided courtesy of Keller Williams Upstate NY Properties via Buffalo MLS. Information deemed reliable but not guaranteed.