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$1,999,927
Available - For Sale
Listing ID: X8349480
16 ROOM WELL MAINTAINED INDOOR CORRIDOR MOTEL FOR SALE, with newly custom made specious 3 BR, 3 WR Apartment for Owner to live and operate. The Motel is located in the downtown of a beautiful town of Exeter, just 15 min away from Grand Bend / Lake Huron And 30 minutes from London, ON And 2 Hrs. West of the GTA. Current Owner has been successfully operating this motel since last 16 years. Schools KG to Gr 12, Grocery and Shopping stores, Restaurants, Hospital and all other amenities are just minutes away. Future Potential: Part of the property - A huge Restaurant area, Banquet area, One Retail space (all closed for many years) facing right on the Main St in the downtown of Exeter (the owner is using all areas as storage and workshop). The Motel stays very busy during June to September months due to the proximity of beautiful Grand Bend Beach area and other beaches on the Lake Huron. A Turn-Key, Easy operation, Low operating costs, No competition and lots of future potentials for the new buyer to increase the revenue. It's a family friendly and lively neighborhood. Good opportunity for the new buyer family to move in, run the business, make money and enjoy the small town's peaceful life. Ideal motel for owner operator to grow.
Extras:   Motel has 2 Entry Doors, One at the frontside on Main St South and Second at the backside on Andrew St. About 20 parking spots located at the backside of the property (access from Andrew St).
Price $1,999,927
Taxes: $11,253
Tax Type: Annual
Occupancy by: Owner
Address: 414 Main St S, Exeter, , South Huron, N0M 1S0, Ontario
Postal Code: N0M 1S0
Province/State: Ontario
Legal Description: PT LT 114 PL 376 EXETER; PT LT 115 PL 37
Directions/Cross Streets: Entry from Andrew St, Parking at Back Side
Zoning: C1 - COMMERCIAL-
Category: With Property
Building Percentage: Y
Total Area: 19,170
Total Area Code:  Sq Ft
Retail Area: 0
Retail Area Code: Sq Ft
Business/Building Name: RANCH HOUSE INN
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 24 Hrs
Employees #: 1
Seats: 0
LLBO: N
Heat Type: Elec Hot Water
Central Air Conditioning: Y
Water: Municipal
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CENTURY 21 PEOPLE`S CHOICE REALTY INC.

414 Main St S, Exeter, , South Huron, N0M 1S0, Ontario


 
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Type: Com - Sale Of Business
Area: Huron
Municipality: South Huron
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Lot Size: 72.00 x 0.00(Feet)
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Tax: $11,253
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Baths: 23
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