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414-420 Main St S Exeter, Ontario N0M 1S2

19170 sqft

$1,699,000

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:51300)

Business

Name Ranch House Inn

Property Details

MLS® Number 40675050
Property Type Hospitality
AmenitiesNearBy Hospital, Schools
CommunicationType High Speed Internet
CommunityFeatures High Traffic Area
Features Paved Driveway
ParkingSpaceTotal 24
SignType Unknown

Building

BasementType Full
ExteriorFinish Brick
FoundationType Poured Concrete
StoriesTotal 3
SizeExterior 19170.0000
SizeInterior 19170 Sqft
UtilityWater Municipal Water

Land

AccessType Road Access
Acreage No
LandAmenities Hospital, Schools
Sewer Municipal Sewage System
SizeFrontage 74 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription C1

Utilities

Electricity Available

https://www.realtor.ca/real-estate/27633245/414-420-main-st-s-exeter

Matt Den Hollander
Broker


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