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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Nearby Listings Stat
Active listings
9
Min Price
$310,000
Max Price
$1,699,000
Avg Price
$652,378
Days on Market
106 days
Sold listings
3
Min Sold Price
$270,000
Max Sold Price
$349,900
Avg Sold Price
$313,300
Days until Sold
177 days