411 413 Main Street, South Huron, ON Image 1

$850,000

Commercial Retail For Sale
MLS - #X12111062
5 days ago- By CENTURY 21 FIRST CANADIAN CORP

411 413 Main Street, South Huron, ON N0M 1S2

Bed
Bath
3574 Sqft.
Street Garage

Property Description

Property type

Commercial Retail

Lot size

N/A

Style

Approx. Area

3574 Sqft

About 411 413 Main Street

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. Easy 11% cap rate when fully occupied. 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!

Home Overview

Last updated

5 days ago

Virtual tour

None

Basement information

Building size

3574

Status

In-Active

Property sub type

Commercial Retail

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:N/A
Cooling:No
Heating:Baseboard
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
85000000.0%
Higher than average

Price Comparison

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Location

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Walk Score for 411 413 Main Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$3246.42/ month

Some information about this property - Main Street

Default Agent

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