$1,999,927 FOR SALE

Business for Sale

Lot: 72 x 0 ftTotal Area: 19,170 ft2
2023 Taxes: $11,253

414 Main St S, Exeter,
South Huron, ON N0M 1S0 | Huron

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).

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Listed By CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8349480
Last Updated Jul 15, 2024
Property Summary
Property Type Business For Sale

More like this:
Franchise Non-Franchise
Business/Building Name RANCH HOUSE INN
Category With Property
PIN 412430023
Legal Description PT LT 114 PL 376 EXETER; PT LT 115 PL 376 EXETER; PT LT 123 PL 376 EXETER AS IN R309723; EXCEPT T/W THEREIN; S/T R309723; S/T R97381& R165982; S/T R60203; MUNICIPALITY OF SOUTH HURON
Occupancy Owner
Possession Date 30 to 90 days
Taxes (2023) $11,253
Tax Type Annual
Directions/Cross Streets Entry from Andrew St, Parking at Back Side
Area Huron
Price History
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Detailed Information
Freestanding Y
Bathrooms 23
Lot 72 x 0 ft
Total Area 19,170 ft2
Air Conditioning Y
Basement N
Chattels Y
Garage Type Outside/Surface
Days Open 7
Hours Open 24 Hrs
LLBO N
Employees 1
Heat Type Elec Hot Water
Financial Statement Y
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning C1 - COMMERCIAL- MOTEL
Seller Property Info Statement N

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