Exeter, ON N0M 1S2,414-420 Main St S
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Exeter, ON N0M 1S2,414-420 Main St S
Exeter, ON N0M 1S2,414-420 Main St S
Exeter, ON N0M 1S2,414-420 Main St S
Exeter, ON N0M 1S2,414-420 Main St S
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Listed by Matt Den Hollander • Royal LePage Heartland Realty (Exeter) Brokerage
$ 1,699,000
Est. payment /mo
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Price Dropped by $291K

414-420 Main St S Exeter, ON N0M 1S2

19,170 SqFt


UPDATED:

11/11/2024 02:52 PM

Key Details

Property Type Commercial

Sub Type Hospitality,Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 19,170 sqft

Price per Sqft $88

MLS Listing ID 40675050

Abv Grd Liv Area 19,170

Originating Board Huron Perth

Annual Tax Amount $11,254

Property Description

16 room motel in growing community of Exeter, Ontario. Beautiful building with lots of parking and upswing with additional revenue streams. Known as the Ranch House Inn, this motel has little competition and a solid reputation over the past decades. The business is perfect for an owner/operator with a 3 bedroom, 3 washroom, spacious apartment on the top level. Grow your revenue by utilizing the 2484 sq ft banquet hall with kitchen by either repurposing the space or marketing to area where there is high demand. Additionally there is 2484 sq ft lower level space formerly used as a restaurant with potential for many uses. This package is perfect for the seasoned or budding entrepreneur. Exeter is located on busy Highway #4, 30 minutes north of London, 15 min East of Grand Bend, 40 min from Stratford and 2 hours West of the GTA. Exeter has most major amenities including schools, hospital, restaurants, grocery, and other major shopping hubs. Exeter and area hosts many major businesses, sports tournaments, and is a major hub for lake traffic in the warmer months. Turn-key sale, easy to manage with low operating costs.

Location

Province ON

County Huron

Area South Huron

Zoning C1

Direction From London take Highway #4 to Exeter. Property on right side past James St.

Rooms

Basement Full

Kitchen 0

Interior

Interior Features High Speed Internet

Fireplace No

Exterior

Garage Asphalt, Guest

Utilities Available Electricity Connected

Waterfront No

Street Surface Paved

Lot Frontage 73.5

Garage No

Building

Lot Description Irregular Lot, Ample Parking, City Lot, High Traffic Area, Hospital, Schools

Faces From London take Highway #4 to Exeter. Property on right side past James St.

Story 3

Foundation Brick/Mortar, Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 412430023

Ownership Freehold/None


Ivan Gascho

Broker | License ID: 5015171

+1(519) 573-7440

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414-420 Main St S