4236 sqft
Partially Air Conditioned
Other
$789,900
Discover a rare investment opportunity with this fully tenanted, five-unit mixed-use property, delivering strong and consistent cash flow. Properties with this level of financial performance are seldom available in Exeter, making it a compelling option for investors seeking stable returns.The main floor features a well-established commercial unit that has remained continuously leased for over 20 years. The ground-floor residential unit is occupied by a reliable long-term tenant, while the three upper-level residential units have been recently renovated. Updates include modern kitchens, refreshed bathrooms, new flooring, and fresh paint throughout.The property has seen significant capital improvements, including a new electrical system with separate hydro panels for each residential unit, updated plumbing, and new energy-efficient windows. A new digitally operated washer and dryer offer added convenience and value for tenants. Ample on-site parking is available at no extra cost.A newer membrane roof provides long-term peace of mind, ensuring low maintenance for years to come. Well-maintained and ready for immediate possession, this property offers an ideal investment with stable income and minimal upkeep.Contact us today for full financial details. (id:41954)
Business
Business Type
|
Retail and Wholesale |
Business Sub Type
|
Retail misc. |
Property Details
MLS® Number
|
X12230022 |
Property Type
|
Retail |
Community Name
|
Exeter |
Parking Space Total
|
4 |
Building
Cooling Type
|
Partially Air Conditioned |
Heating Fuel
|
Natural Gas |
Heating Type
|
Other |
Size Interior
|
4236 Sqft |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Sewer
|
Sanitary Sewer |
Size Depth
|
165 Ft |
Size Frontage
|
23 Ft ,6 In |
Size Irregular
|
23.5 X 165 Ft |
Size Total Text
|
23.5 X 165 Ft |
Zoning Description
|
C4 |
https://www.realtor.ca/real-estate/28487672/382-main-street-s-south-huron-exeter-exeter