2,200 sqft
Partially Air Conditioned
Baseboard Heaters, Forced Air
$559,900
Turnkey, fully leased mixed-use investment opportunity in the heart of downtown Exeter! Offering four income-producing units-including two commercial and two residential spaces-this well-maintained property delivers immediate cash flow, multiple revenue streams, and a solid return on investment. With all units fully rented, separately metered, and quality tenants already in place-including the Province of Ontario as one of the commercial tenants-this is an exceptional opportunity for investors seeking a stable, low-maintenance addition to their portfolio.The prominent main-level commercial storefront enjoys outstanding visibility on Main Street with excellent foot traffic. Currently operating as professional office space, it features wheelchair accessibility, exposed brick accents, and a 2-piece bathroom, making it attractive for a variety of commercial tenants.The lower residential unit offers 2 bedrooms, a spacious office area, a 3-piece bathroom, and updated laminate flooring throughout. At the rear of the building, the commercial shop provides a versatile workspace ideal for a tradesperson, contractor, or small business, adding another dependable income source.The upper apartment is a bright and spacious 3-bedroom, 2-bathroom unit with generous living space, abundant natural light, and modern updates throughout, making it highly desirable for long-term tenants.Located in the thriving community of Exeter, this is a rare opportunity to acquire a 100% occupied, income-producing asset in a prime downtown location. Whether you're expanding an established portfolio or purchasing your first commercial investment, 437 Main Street offers dependable cash flow, a strong tenant mix anchored by a provincial government tenant, and outstanding long-term investment potential. (id:49967)
Property Details
|
MLS® Number
|
X12794690 |
|
Property Type
|
Retail |
|
Community Name
|
Exeter |
Building
|
Appliances
|
Microwave |
|
Cooling Type
|
Partially Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Baseboard Heaters, Forced Air |
|
Size Interior
|
2,200 Sqft |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
166 Ft |
|
Size Frontage
|
21 Ft |
|
Size Irregular
|
21 X 166 Ft |
|
Size Total Text
|
21 X 166 Ft |
|
Zoning Description
|
C4 |
https://www.realtor.ca/real-estate/29368780/437-main-street-south-huron-exeter-exeter