414 Main Street S, Exeter,, South Huron | Image 1

414 Main Street S, Exeter,

South Huron

  • Commercial

$1,999,927
For Sale

Added 3 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Zoning: C1 - COMMERCIAL-

  • Age: No Data

  • Taxes: 11253

  • MLS®#: X8349480

  • Days on Site: 60 Days

  • Added: May 16, 2024 (3 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: CENTURY 21 PEOPLE`S CHOICE REALTY INC.

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).

Property

  • Status: Sale

  • Property Type: Sale Of Business

  • Property Type: With Property

  • Area: South Huron

  • Availability Date: 30 to 90 days

Inside

  • Bathrooms: 23

  • Air Conditioning: Y

  • Washrooms: 23

Building

  • Basement: N

  • Heat Type: Elec Hot Water

  • Green Verification Status: N

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 114 PL 376 EXETER; PT LT 115 PL 376 EXETER; PT LT 123 PL 3

  • Taxes: $11,253

  • Taxes Type: Annual

Land

  • Cross Street: Entry from Andrew St

  • Municipality District: South Huron

  • Parcel Number: 412430023

  • Lot Frontage: 72 Feet

  • Zoning: C1 - COMMERCIAL-

Commercial Specific

  • Number of Employees: 1

  • Retail Area Metric: Sq Ft

  • Total Area: 19170

  • Total Area Metric: Sq Ft

  • Hours Open: 24 Hrs

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Business/Building Name: RANCH HOUSE INN

  • Financial Statement: Y

  • LLBO: N

JK-8

Our Lady of Mt Carmel School

Elementary: Catholic
14.82 km
JK-6

Bluewater Coast Elementary Public School

Elementary: Public
9.73 km
7-8

South Huron District - Elementary

Elementary: Public
0.48 km
JK-8

Stephen Central Public School

Elementary: Public
11.08 km
JK-8

Precious Blood Separate School

Elementary: Catholic
0.46 km
JK-8

Exeter Elementary School

Elementary: Public
0.67 km
9-12

North Middlesex District High School

Secondary: Public
27.07 km
9-12

Avon Maitland District E-learning Centre

Secondary: Public
30.67 km
9-12

Mitchell District High School

Secondary: Public
27.55 km
9-12

South Huron District High School

Secondary: Public
0.50 km
9-12

Central Huron Secondary School

Secondary: Public
30.48 km
9-12

St Anne's Catholic School

Secondary: Catholic
30.10 km
For Sale
1 month ago
$1,690,000
  • 0 bath
  • 0 bed

403-409 Main Street South, South Huron, Ontario • N0M 1S6 • Exeter