414-420 Main Street South, South Huron | Image 1

414-420 Main Street South

South Huron, Exeter

  • Commercial

$X,XXX,XXX
For Sale

Added 1 week ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Hotel/Motel/Inn

  • Zoning: C1

  • Age: 100+ years

  • Taxes: 11254.48

  • MLS®#: X10420276

  • Days on Site: 5 Days

  • Added: Nov 07, 2024 (1 week ago)

  • Updated:

  • Last Checked: 7 hours ago

  • Listed By: ROYAL LEPAGE HEARTLAND REALTY

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 a 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 mins East of Grand Bend, 40 mins 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.

Property

  • Status: Sale

  • Type: Hotel/Motel/Inn

  • Property Type: Investment

  • Property Type: Accommodation

  • Age: 100+

  • Area: South Huron

  • Community: Exeter

  • Availability Date: FLEXIBLE

  • Assessment Amount: $470,000

  • Assessment Year: 2024

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 24

Fees

  • Tax Year: 2024

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

  • Taxes: $11,254

  • Taxes Type: Annual

Land

  • Cross Street: FROM LONDON TAKE HIG

  • Municipality District: South Huron

  • Parcel Number: 412430023

  • Sewer: Sanitary

  • Lot Frontage: 73.5 Feet

  • Lot Irregularities: RECTANGULAR W/PARKING

  • Zoning: C1

Commercial Specific

  • Rail: N

  • Total Area: 19170

  • Total Area Metric: Sq Ft Divisible

  • Hours Open: 24/7

  • Area Influence: Major Highway

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Survey: N

  • Financial Statement: Y

  • LLBO: N

Map of 414-420 Main Street South, South Huron
JK-8

Our Lady of Mt Carmel School

Elementary: Catholic
14.81 km
JK-6

Bluewater Coast Elementary Public School

Elementary: Public
9.75 km
7-8

South Huron District - Elementary

Elementary: Public
0.50 km
JK-8

Stephen Central Public School

Elementary: Public
11.07 km
JK-8

Precious Blood Separate School

Elementary: Catholic
0.47 km
JK-8

Exeter Elementary School

Elementary: Public
0.69 km
9-12

North Middlesex District High School

Secondary: Public
27.05 km
9-12

Avon Maitland District E-learning Centre

Secondary: Public
30.69 km
9-12

Mitchell District High School

Secondary: Public
27.56 km
9-12

South Huron District High School

Secondary: Public
0.52 km
9-12

Central Huron Secondary School

Secondary: Public
30.51 km
9-12

St Anne's Catholic School

Secondary: Catholic
30.12 km
403-409 Main Street South, South Huron | MLS: X9027332
For Sale
4 months ago
$1,690,000
  • 0 bath
  • 0 bed

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