414-420 MAIN ST S N/A Active

South Huron,ON N0M 1S2

$ 1699000

- Bed

- Bath

19170 SqFt


Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 19,170 sqft

Price per Sqft $88

MLS Listing ID X11898550

Annual Tax Amount $11,254

Tax Year 2024

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

Community Exeter

Area Huron

Zoning C1

Region Exeter

City Region Exeter

Rooms

Basement Full

Kitchen 0

Interior

Cooling Unknown

Exterior

Parking Features Other

Garage Spaces 24.0

Pool None

Utilities Available Unknown

Roof Type Unknown

Total Parking Spaces 24

Building

Lot Description Irregular Lot

Foundation Poured Concrete

New Construction false

Others

Security Features Carbon Monoxide Detectors

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