414 Main St S, Exeter,

South Huron | | N0M 1S0
  • 19170.0 sqft
  • 0 gar

$1,999,927

Est. Mtg $6,781 /mo
  • Days on market

    95

  • Status

    A

Listing Broker CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Since listed: 3 views

Home details

MLS #:

X8349480

Property type:
Sale Of Business
Style:
Taxes:
$11,253
Possession:
30 to 90 days
Condo Fee:
Lot Size:
72.0 X 0.0
Zoning:
C1 - COMMERCIAL- MOTEL
Use:
Heat:
Elec Hot Water

Description


414 Main St S, Exeter,, , South Huron, Ontario is a Sale Of Business property in South Huron and in the community in the N0M 1S0 postal code


16 ROOM WELL MAINTAINED INDOOR CORRIDOR MOTEL FOR SALE, with newly custom made specious 3 BR, 3 WR Apartment for Owner to live and operate. The Motel is located in the downtown of a beautiful town of Exeter, just 15 min away from Grand Bend / Lake Huron And 30 minutes from London, ON And 2 Hrs. West of the GTA. Current Owner has been successfully operating this motel since last 16 years. Schools KG to Gr 12, Grocery and Shopping stores, Restaurants, Hospital and all other amenities are just minutes away. Future Potential: Part of the property - A huge Restaurant area, Banquet area, One Retail space (all closed for many years) facing right on the Main St in the downtown of Exeter (the owner is using all areas as storage and workshop). The Motel stays very busy during June to September months due to the proximity of beautiful Grand Bend Beach area and other beaches on the Lake Huron. A Turn-Key, Easy operation, Low operating costs, No competition and lots of future potentials for the new buyer to increase the revenue. It's a family friendly and lively neighborhood. Good opportunity for the new buyer family to move in, run the business, make money and enjoy the small town's peaceful life. Ideal motel for owner operator to grow..

Extras

Motel has 2 Entry Doors, One at the frontside on Main St South and Second at the backside on Andrew St. About 20 parking spots located at the backside of the property (access from Andrew St)..



Payment calculator

$7719 monthly. In association with: TD Bank
%
  • Principal and Interest
    6781 /mo
  • Property Taxes
    $937 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Marcus Le , Realtor

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