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$850,000
Available - For Sale
Listing ID: X12111062
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!
Price $850,000
Taxes: $2,753.4
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 411 413 Main St Stre South , South Huron, N0M 1S2, Huron
Postal Code: N0M 1S2
Province/State: Huron
Legal Description: PT LT 188 PL 376 EXETER; PT LT 189 PL 37
Directions/Cross Streets: Sanders St. E & Main St. S
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Multi-Use
Building Percentage: F
Total Area: 3,574
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: F
Franchise: F
Maintenance: 0
Sprinklers: Yes
Heat Type: Baseboard
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 FIRST CANADIAN CORP

411 413 Main St Stre South , South Huron, N0M 1S2, Huron


 
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At a Glance:
Type: Com - Commercial Retail
Area: Huron
Municipality: South Huron
Neighbourhood: Exeter
Style:
Lot Size: x 140.87(Feet)
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Tax: $2,753.4
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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