$ 1.699.000

414 420 Main St S, Exeter

  • Living area: 19170 square feet
  • Added: 14 days ago
  • Updated: 13 days ago
  • Last Checked: 2 hours ago
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:1945)
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Property DetailsKey information about 414 420 Main St S

  • Stories: 3
  • Exterior Features: Brick
  • Building Area Total: 19170
  • Foundation Details: Poured Concrete
  • Type: Motel
  • Name: Ranch House Inn
  • Number Of Rooms: 16
  • Total Square Footage: 2484
  • Apartment Size: 3 bedroom, 3 washroom
  • Level: Top level

Interior FeaturesDiscover the interior design and amenities

  • Basement: Full
  • Living Area: 19170
  • Apartment Features: Spacious
  • Banquet Hall: Size: 2484 sq ft, Includes Kitchen: true
  • Lower Level Space: Size: 2484 sq ft, Former Use: Restaurant, Potential Uses: Multiple

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 414 420 Main St S

  • Lot Features: Paved driveway
  • Water Source: Municipal water
  • Parking Total: 24
  • Building: Beautiful
  • Parking: Lots of parking available
  • Competition: Little competition

Location & CommunityUnderstand the neighborhood and community

  • Directions: From London take Highway #4 to Exeter. Property on right side past James St.
  • Common Interest: Freehold
  • Subdivision Name: Exeter
  • Community Features: High Traffic Area
  • City: Exeter
  • Province: Ontario
  • Highway: Busy Highway #4
  • Distance To Major Cities: London: 30 minutes north, Grand Bend: 15 minutes east, Stratford: 40 minutes, GTA: 2 hours west
  • Local Amenities: Schools, Hospital, Restaurants, Grocery, Major shopping hubs
  • Community Activities: Sports tournaments, Lake traffic hub in warmer months

Business & Leasing InformationCheck business and leasing options available at 414 420 Main St S

  • Revenue Opportunities: Repurposing banquet hall space, Marketing to area with high demand
  • Operating Costs: Low

Property Management & AssociationFind out management and association details

  • Management Ideal: Owner/operator
  • Sale Type: Turn-key sale

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system
  • Utilities: Electricity

Tax & Legal InformationGet tax and legal details applicable to 414 420 Main St S

  • Tax Annual Amount: 11254.48
  • Zoning Description: C1

Additional FeaturesExplore extra features and benefits

  • Solid Reputation: Established over past decades
  • Perfect For Entrepreneurs: Seasoned or budding
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More Details?
Matt Den Hollander
  • Matt Den Hollander
  • Royal LePage Heartland Realty (Exeter) Brokerage
  • 519-872-6259

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