For Sale

414 MAIN ST S Unit# 414, Exeter, Ontario N0M1S2

$1,699,000

414 MAIN ST S Unit# 414, Exeter, Ontario N0M1S2 is For Sale and has a listing price of 1,699,000. The property is located in the South Huron neighbourhood. It's been on the website for 6 Days.

  • Hospitality
    Property Type
  • 24
    Parking Spaces
  • MLS ID: 40675050
  • Office Name Royal LePage Heartland Realty (Exeter) Brokerage
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. (id:43137)

Property Details
  • MLS ID: 40675050
  • Price: $1,699,000
  • Transaction Types: For Sale
  • Ref ID: 27633245
  • Year Built: N/A
  • Property Type: Hospitality
  • Property Type: Commercial
  • Property Sub Category: Hospitality
Price History
List Date MLS ID List Price Status End Date Closed Price
11/08/2024 40675050 $1,699,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
South Huron
  • $713,825 Average List Price
    based on 1 year
  • 20 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 150.74 % Up
  • Sold (12mo) 58
  • Rented (12mo) 13

  • 1 Month Change -16.2%
  • 3 Month Change -2.4%
  • 6 Month Change +3.6%
Walkscore
  • 77 Walk Score
    Very Walkable
  • 63 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    83.12%
  • Commercial
    9.64%
  • Condo
    6.27%
  • Land for Sale
    0.96%
Additional Details
  • Sewers Municipal Sewage System
  • Basement2 Full
  • Water Municipal Water
  • Exterior Brick
  • Total Parking Spaces: 24
  • Property Features Paved Driveway
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 08/11/2024 00:00:00
  • Zoning Mx1
  • Agent Name: Matt Den Hollander
  • Address Subdivision: Exeter
  • Last Updated: 09/11/2024 00:47:59
Open House Dates
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