414-420 Main St S Active Save Request In-Person Tour Request Virtual Tour
Exeter,ON N0M 1S2
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