414-420 Main St S

South Huron | Exeter | N0M 1S2
  • 19170.0 sqft
  • 0 gar

$1,699,000

Est. Mtg $5,761 /mo
  • Days on market

    104

  • Status

    A

Listing Broker Royal LePage Heartland Realty
Since listed: 2 views

Home details

MLS #:

X11898983

Property type:
Investment
Style:
Taxes:
$11,254
Possession:
Flexible
Condo Fee:
Lot Size:
73.5 X 0.0
Zoning:
C1
Use:
Hotel/Motel/Inn
Heat:
Gas Forced Air Open

Description


414-420 Main St S, , South Huron, Ontario is a Investment property in South Huron and in the Exeter community in the N0M 1S2 postal code


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..

Extras

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Payment calculator

$6698 monthly. In association with: TD Bank
%
  • Principal and Interest
    5761 /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

Mimmo Galatti, Realtor

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