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411 413 Main Street S South Huron, Ontario N0M 1S2

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  • 411 413 Main Street S, South Huron, Ontario  N0M 1S2 - Photo 1 - X12111062
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3574 sqft
Baseboard Heaters

$850,000

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! (id:61716)

Property Details

MLS® Number X12111062
Property Type Retail
Community Name Exeter

Building

Appliances Stove, Refrigerator
HeatingType Baseboard Heaters
SizeExterior 3574 Sqft
SizeInterior 3574 Sqft
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 140 Ft ,10 In
SizeFrontage 24 Ft ,3 In
SizeIrregular Bldg=24.3 X 140.87 Ft
SizeTotalText Bldg=24.3 X 140.87 Ft
ZoningDescription C1
  • Aerial
  • Street Level

https://www.realtor.ca/real-estate/28231172/411-413-main-street-s-south-huron-exeter-exeter

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June 04 2025 11:21:32

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