Calling all smart investors! Welcome to 411 Main Street South, a prime mixed-use building located in the historic core of downtown Exeter, Ontario. This property offers exceptional cash flow potential with two street-level retail spaces currently vacant ready for your next venture or available for lease to new tenants. In addition to the retail storefronts, the building features five fully renovated residential units at the rear and upper levels. Separate entrances at both the front and rear of the building provide easy access for tenants. Three units are already occupied by long-term tenants, while the remaining two units offer flexibility for owner occupancy or additional rental income. Highlighted features include: Full renovation of all residential units to meet 2025 building code standards; Brand new kitchens in two of the units; New siding and windows (installed three years ago); Brand new electrical throughout the entire building; Baseboard heating with individual controls in each unit; Four owned hot water tanks; Interconnected fire alarm system; Whole-building Wi-Fi coverage. This turn-key property is perfect for investors seeking a secure, income-generating asset with minimal work needed. Proforma financials are available upon request. Opportunities like this don't come around often, don't miss out! Call today to schedule your private showing! (id:51300)
MLS® Number | X12111062 |
Property Type | Retail |
Community Name | Exeter |
Appliances | Stove, Refrigerator |
Heating Type | Baseboard Heaters |
Size Exterior | 3574 Sqft |
Size Interior | 3,574 Ft2 |
Utility Water | Municipal Water |
Acreage | No |
Size Depth | 140 Ft ,10 In |
Size Frontage | 24 Ft ,3 In |
Size Irregular | Bldg=24.3 X 140.87 Ft |
Size Total Text | Bldg=24.3 X 140.87 Ft |
Zoning Description | C1 |
https://www.realtor.ca/real-estate/28231172/411-413-main-st-street-s-south-huron-exeter-exeter
Sophia Hamdan
Salesperson